- USA
  location (geo:U.S., geo:the United States, geo:USA, geo:United States, org:the United States, geo:US, org:U.S., org:US)
- Donald Trump
  person
- Elon Musk
  person
- The Trump Organization
  organisation
- JPMorgan Chase
  organisation

Reciprocal Tariffs Spell Trouble For US As Economists Warn Of Impending Recession

ABP Live

Summary

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Trump’s trade war escalates as China strikes back with 34 percent tariffs on all U.S. goods, sending stock markets plummeting and wiping out $6 trillion in two days
The Independent
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The revised figure came following the White House's announcement of a 10% across-the-board tariff on all imported goods, along with even steeper penalties for nations with sizable trade surpluses.
Daily Mail
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The S&P 500 has lost 11% the past two sessions in the steepest two-day slide since March 2020, when the Covid pandemic pushed the global economy into lockdown.
Hindustan Times
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JPMorgan has significantly increased its recession forecast, now estimating a 60% chance of a downturn.
International Business Times

■ Story #21 ▪

issue 88:88 ▪

50 items ▪

10 sources ▪

updated 88:88

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