Former U.S. treasury secretary warns of likely recession, 2 mln layoffs

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WASHINGTON, April 8 (Xinhua) — Former U.S. Treasury Secretary Lawrence Summers said in an interview with Bloomberg TV on Tuesday that the United States is likely heading into a recession, with the possibility of 2 million Americans losing their jobs, as a result of the ongoing tariff increases. Read full story

Date: April 9, 2025 6:00 am
Source: thestar.com.my

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