Front-Loading Tariffs Undercuts Trump’s Pledge of Faster Growth

The fast and furious pace of Trump 2.0 is causing economists on Wall Street, who spent months modeling the potential effects of Donald Trump’s policies, to start reevaluating their impact on the US economy, with some warning that the risks to growth are front-loaded and any rewards may not be visible until next year at the earliest.

Trump took office last month promising to oversee an acceleration in the US economy. He kicked off his second term with frenetic actions, imposing 25% duties on most shipments from Mexico and Canada (which he later suspended) and layering an additional ...