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The Economic Times

Top News / The Economic Times

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For Trump, a promised economic boom collides with the costs of war

President Trump's decision to initiate conflict in Iran has significantly impacted the U.S. economy. Rising energy prices are pinching American families and businesses. This surge threatens to derail projections for robust growth and raises concerns about a potential recession. The economic fallout comes as Trump faces midterm elections, with voters already showing dissatisfaction with his economic handling.

15 Mar 2026 7:06 am