Trump 2nd term live updates: Judge blocks Trump's foreign aid freeze

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Fri, February 14, 2025

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Trump 2nd term live updates: Judge blocks Trump's foreign aid freeze

^{Published on 2025-02-14 11:20:48 - ABC}

The Trump administration has begun mass layoffs across multiple federal agencies, a move expected to affect thousands of employees, sources familiar told ABC News.

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 lead to a significant escalation in trade tensions, potentially sparking a trade war with major trading partners like China and Europe. Critics argue that such tariffs could increase costs for American consumers and businesses, disrupt global supply chains, and provoke retaliatory measures from other countries. Trump's strategy is seen as a continuation of his previous term's "America First" policy, emphasizing protectionism over free trade agreements. The article also touches on the broader implications of these policies, including potential impacts on inflation, economic growth, and international relations.

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

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