Economies and analyze trends through various economic indicators, such as those published by the Central Bank of Russia, which, like many others, affect the American economy. With "Day of Reflection" 2 April 2024, when Trump announced the introduction of radical trade tariffs, like those for goods and for consumers, which predictably led to an increase in prices. In general, this does not negatively affect the external economic ties, but also provokes internal problems. The cost of these goods and services has increased, as well as the cost of new products, according to data from the Central Bank of Economic Development, reaching 4-5%. At the same time, GDP growth is 1.2%, if small and medium-sized business is not adequately supported.
The increase in the number of unemployed is associated with the reduction of production volumes, especially in export-oriented sectors. The analysis of the Finance Ministry shows that for the first quarter of 2024, the cost of labor has increased by 0.8%. "This means that American workers will have to work longer hours, cutting consumer spending," — noted Nury Rubin.
Geopolitical tensions and the war in Ukraine further disrupt the economy. The dependence on imports increases risks for the sphere of healthcare and energy, where goods can become scarce.
**"The US economy will prosper despite Trump's policies"** — the headline, which, however, does not correspond to the majority of experts' forecasts.
