pgbbqq To Trump, U.S. Economy Is a ‘Sick Patient’ and Tariffs Are the Cure

In the weeks leading up to his expansive global tariffspgbbqq, President Trump and his top aides tried to prime the public for economic pain. They warned that while there would be fallout from their aggressive trade strategy, it would prove short-lived and benefit the economy in the long run.

Investors, businesses and others made clear on Thursday that the U.S. economy was not ready to accept that approach. Global markets tumbled, economists warned of a possible recession and consumers braced for price increases on cars, food, clothing and more.

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The early tumult underscored the high stakes of Mr. Trump’s agenda, which the president has framed as a painful medical procedure to rescue an economy he likened to a “sick patient.” In the eyes of Mr. Trump, the United States is going to “boom” once his tariffs have had time to reset the nation’s trade relationships, raise revenue and boost domestic production.

But those tariffs are expected to send prices skyrocketing in the interim, an unwelcome development for Americans already struggling with years of elevated prices. Several economists have increased the odds of a recession in their forecasts as they projected a slowdown in consumer spending, business investment and economic growth.

A new analysis from the Yale Budget Lab found that Mr. Trump’s overall tariffs could cause price levels to rise 2.3 percent in the short term. That would translate into an average loss of $3,800 in purchasing power per household based on 2024 dollars.

“Prices are going to go up, period,” said Martha Gimbel, executive director of the Yale Budget Lab, adding that companies were going to feel the immediate pinch. “These are really big tariffs. These are not things we can expect companies to just absorb.”

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Even so, there’s plenty to worry about.

The reopened Mii amo hotel includes renovated accommodations, extensive wellness facilities and the new Hummingbird at Mii amo restaurant, above, which emphasizes seasonal local produce.Credit...Ken Hayden

After being closed for two years, this longstanding escape amid the red rocks of Sedona has reopened following a $40 million renovation and expansion. Part of the Relais & Châteaux hotel network, the hotel’s new additions include the Hummingbird at Mii amo restaurant, where you can enjoy seasonal local produce. There’s also a 3,300-square-foot movement and fitness studio; a reflexology path designed to massage and engage acupressure points on your feet; an expanded spapgbbqq, where you can get a massage with CBD oil and try reiki or hypnosis; and a yoga lawn.