With the economic tumult, a serious concern has emerged: stagflation
Economic uncertainty brought on by President Donald Trump's tariffs on U.S. trading partners is raising concerns that the economy could face stagflation if conditions persist.Stagflation is a term used generally to describe a scenario in which economic growth is stagnant while it's also experiencing high inflation, causing consumer prices to rise and potentially contributing to a weak labor market and, ultimately, higher unemployment.Tariffs are taxes on imported goods, which are paid