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Trump is creating “a problem for the whole world” and the next recession may have a “human hand”

Summary by IOL Portugal
Economist João Loureiro also points out that the American dollar “has an excessive privilege” compared to other currencies in the international market, considering, therefore, it is normal for there to be imbalances in the U.S. trade balances with other countries. João Loureiro also warns that Donald Trump's plan to replace foreign production with domestic production will take years to implement.
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IOL Portugal broke the news in Portugal on Wednesday, April 2, 2025.
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