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Today on Beacon Hill

11:00am

Special Legislative Commission on Emerging Firearm Technology

State House, A-2 and Virtual
11:30am

Our Fight for Rent Control Rally

Grand Staircase, State House, Boston
1:00pm

Joint Committee on Municipalities & Regional Government: Committee Hearing

State House, Gardner Auditorium and Virtual
1:00pm

Joint Committee on Telecommunications, Utilities and Energy: Committee Hearing

State House, A-1 and Virtual

Quote of the Day

Economists are tallying the costs. Trump’s tariffs have pushed the U.S. effective tariff rate to roughly 17 percent — its highest level since the 1930s — according to Yale University’s Budget Lab. That’s expected to eat into corporate profits, raise inflation and dent growth. A new era of U.S. protectionism will eventually “reverberate through the entire global trading system,” Eswar Prasad, a professor of trade policy and economics at Cornell University, told The Financial Times.
NYT's Andrew Ross Sorkin underscores growing concerns that Trump's tariff hikes—now at 1930s-era levels—could hurt profits and growth. This ties into wider fears of US protectionism disrupting global trade.

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