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Business & Economics

US markets flail amid trade war, uncertainty in Washington

VOA
Summary
Nutrition label

68% Informative

Labor Department reports lower-than-expected inflation rate of 2.8% for February .

Economists warn that the positive inflation news may be a temporary respite.

The S&P 500 stock index had fallen by 10% since hitting an all-time high in February .

The number one issue facing economic actors today is uncertainty, they say.

The European Union and Canada announced a raft of retaliatory tariffs on billions of dollars ' worth of U.S. goods.

Desmond Lachman , a senior fellow with the conservative think tank American Enterprise Institute , told VOA that the environment feels treacherous for businesses.

He said he is concerned about the dangers of further escalation of tariffs.

VR Score

78

Informative language

81

Neutral language

45

Article tone

informal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links