By Andrew Moran Treasury Secretary Scott Bessent said the Trump administration is poised to reveal “substantial” tariff actions in the coming days. Bessent, appearing on “Fox and Friends” on Nov. 12, stated that tariff-related decisions would be unveiled that could help provide relief to Americans facing higher costs for coffee and other grocery items that […]
Tag: Economic Depression
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.
