Unless the administration pivots away from its current punitive, protectionist approach and adopts a more stable, globally cooperative economic policy, the U.S. may enter a recession.
Browsing: Trump tariffs
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year
Ray Dalio, founder of Bridgewater Associates, warned that the “disruptive” nature of Trump’s tariff announcements were causing market instability
“If we had the Indian Supreme Court, I would not have worried frankly. The Indian Supreme Court is pretty activist—it would strike this down as an enormous presidential overreach. I don’t know about our Supreme Court,” Sachs said.
Delta Air Lines reportedly won’t expand flying in the second half of the year because of disappointing bookings amid President Trump’s shifting trade policies
Bill Ackman said the president should take three months to allow countries to renegotiate their trading relationships with the U.S.
As the world reels from Trump’s tariffs unleashed on “liberation day” — the question is liberation from what and for whom?
A staggering $6.6 trillion vanished in just two days — the largest two-day loss of shareholder value in history — nearly rivaling the $8 trillion wiped out over a year during the 2008 financial crisis.
Trump calls Modi “a great friend of mine,” but says India “not treating us right”
History teaches us that recessions are easy to fall into and hard to climb out of, as the damage they cause takes years to repair.
While it makes for dramatic headlines, Trump’s tariff strategy carries significant risks — higher inflation, job losses, economic uncertainty, and a loss of U.S. credibility on the world stage.
Trump is reportedly imposing 25% tariffs on Canada and Mexico, a 10% tariff on Chinese goods and a 10% tariff on Canadian energy product