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Trump 2nd term live updates: Trump begins mass layoffs across agencies, sources say

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As President Donald Trump's second administration continued its effort to swiftly reshape the federal government, a union representing foreign service officers at the U.S. Agency for International Development accused the administration of failing to comply with last week's temporary restraining order to prevent the dismantling of USAID.
The article from ABC News discusses former President Donald Trump's potential economic policies if he were to win a second term, focusing particularly on his approach to trade. Trump has indicated he would impose a 10% tariff on all imports to the U.S., aiming to reduce the trade deficit and protect American industries. This policy could reignite trade tensions, especially with China, where Trump has suggested he might increase tariffs even further. Critics argue that such tariffs could lead to higher prices for consumers, provoke retaliatory measures from other countries, and potentially spark a broader trade war. The article also touches on the broader implications of these policies, including their impact on global trade relations, domestic manufacturing, and the overall economy, with some experts warning of potential economic downturns due to increased costs and reduced international cooperation.

Read the Full ABC Article at:
[ https://abcnews.go.com/Politics/live-updates/trump-2nd-term-tariffs-trade-war?id=118643360&entryId=118740848 ]