Trump’s White House admits shutdown is having far worse impact on economy than originally anticipated
As Democrats and Republicans clash over Donald Trump’s demands for $5.7bn in funding for a southern border wall, the president's Council of Economic Advisers has acknowledged the government shutdown will have a far worse impact on economic growth than anticipated. The agency — which advises the president on matters of economic policy — revealed in its latest analysis the shutdown could force the US economy to contract, meaning a drop in national output, along with declines in real personal income and industrial production. Читать дальше...