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Trumponomics- Thursday June 14

Federal Reserve chairman Jay Powell endorsed the Trump economy at the central bank's latest policymaking session saying that "The US economy is in great shape and that "Most people who want to find jobs are finding them." But instead of just taking a victory lap, Trump is continuing to press his agenda with new protectionist trade policies. On Friday Trump is expected to specify the Chinese imports subject to new tariffs, which should include more than 800 new products worth as much as $50 billion. People familiar with the revisions said some goods were removed and others added particularly in the technology sector.