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The levies are also likely to reduce America’s economic output, as has happened before. A 2020 study, based on data from 151 countries, including the US, between 1963-2014, found that tariffs have “persistent adverse effects on the size of the pie,” or the gross domestic product of the country imposing them.
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There are a number of possible explanations for this.

One is that, when tariffs are low or non-existent, the country in question can focus on the kind of economic activities where it has an edge and export those goods and services, Gimber told CNN.
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“If you raise tariffs, you’re not going to see that same level of specialization,” he said, noting that the result would be lower labor productivity. “The labor could be better used elsewhere in the economy, in areas where you have a greater competitive advantage.”
Another reason output falls when tariffs are raised lies in the higher cost of imported inputs, wrote the authors of the 2020 study, most of them International Monetary Fund economists.

Fatas at INSEAD suggested the same reason, providing an example: “So I’m a worker and work in a factory. To produce what we produce we need to import microchips from Taiwan. Those things are more expensive. Together, me and the company, we create less value per hour worked.”

Yet another way tariff hikes can hurt the economy is by disrupting the status quo and fueling uncertainty over the future levels of import taxes. That lack of clarity is particularly acute this year, given the erratic nature of Trump’s trade policy.

Surveys by the National Federation of Independent Business in the US suggest the uncertainty is already weighing on American companies’ willingness to invest. The share of small businesses planning a capital outlay within the next six months hit its lowest level in April since at least April 2020, when Covid was sweeping the globe.

“The economy will continue to stumble along until the major sources of uncertainty (including over tariffs) are resolved. It’s hard to steer a ship in the fog,” the federation said.

Whichever forces may be at work, the IMF, to cite just one example, thinks higher US tariffs will lower the country’s productivity and output.

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그는 이름과 사는 곳, 연락처까지 알고 한다는 기자의 말에 “최대 4일 정도 걸리고 자본은 30만원 정도로 책정된다”고 답했었다. 사람찾기들은 의뢰 대상을 미행해 동선을 인지하거나 대중 주소지 및 연락처를 알아봐 주는 게 주 업무인데 의뢰인들이 의뢰 손님에 대한 아이디어를 구체적으로 많이 보유하고 있을수록 금액이 절감끝낸다.

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When someone scrolls through Val’s Instagram page, they can see a recent camping trip she took with friends, a batch of homemade chicken nuggets and a few of her favorite memes.
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But what they can’t see: Val, 22, got engaged nine months ago to her boyfriend of two years.

She never made a post about the proposal — and she doesn’t plan to.

“We are happy and content as we are, living our lives together privately … no outsiders peering in through the windows, so to speak,” said Val, who lives with her fiance in San Marcos, Texas, and asked CNN not to use her last name for privacy reasons.
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Val is one of a growing number of young adults from Generation Z, the cohort from age 28 down to teenagers, who are opting for “quiet relationships,” in which their love lives — the good and the bad —remain offline and out of view from a larger audience of friends and family.
It’s a new turn back to the old way of doing things: date nights without selfies, small weddings without public photo galleries and conflict without a procession of passive-aggressive posts. On platforms such as TikTok, creators declaring this preference for “quiet” or “private” relationships rake in thousands of views, and on Pinterest, searches for “city hall elopement” surged over 190% from 2023 to 2024.

If your prefrontal cortex developed before the iPhone came along, you may be rolling your eyes. But for a generation raised on social media, rejecting the pressure to post is a novel development — and one that experts say could redefine the future of intimacy.

How social media killed romance
Gen Z’s turn toward privacy partly stems from a growing discomfort with how social media shapes — and distorts — romantic relationships, said Rae Weiss, a Gen Z dating coach studying for her master’s degree in psychology at Columbia University in New York City.

A couple that appears to be #relationshipgoals may flaunt their luxury vacations together, picture-perfect date nights, matching outfits and grand romantic gestures. But Gen Z has been online long enough to know it’s all just a carefully curated ruse.

“It’s no longer a secret that on social media, you’re only posting the best moments of your life, the best angles, the best pictures, the filters,” Weiss said. “Young people are becoming more aware that it can create some level of dissonance and insecurity when your relationship doesn’t look like that all the time.”

Indeed, there are messy, complicated and outright mundane moments to every relationship — but those aren’t algorithmically climbing the ranks (unless the tea is piping hot, of course). This can lead some to equate the value of their relationships with how “Instagrammable” they are, Weiss said.

Frequently broadcasting your relationship on social media has even been linked to lower levels of overall satisfaction and an anxious attachment style between partners, according to a 2023 study.

Embracing private relationships, then, is partly Gen Z’s way of rejecting the suffocating pressures of perfection and returning to the value of real-life displays of affection.

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