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Friday, December 5, 2025

Is It Too Late to Save the US Economy?

Is It Too Late to Save the US Economy?

All the evidence suggests that recovering from Trump’s tariff debacle will be neither easy nor swift. 

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America’s most innovative companies took an unprecedented beating in the early days of Donald Trump’s second term as US president. Just take a look at Apple Inc. From its record $3.9 trillion valuation as the world’s richest company on Dec. 26, it lost as much as $1.3 trillion, a record devaluation for the 49-year-old creator of the iPhone and more than the stock markets of Sweden, South Korea or Ireland.

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