Beware a recession that could be triggered by a chain reaction of tariff risk, Wall Street exec says
Economic forecasts have been weakening. While some see slower growth, several commentators see the chance of an outright recession rising this year.
Wall Street's main stock indexes tumbled late Monday to end sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico.
A rout on Wall Street deepened on Tuesday as companies and investors digested the impact of President Donald Trump's decision to impose tariffs on the U.S.'s biggest trading partners, as well as retaliatory tariffs from Canada, China and Mexico.
The Wall Street Journal’s editorial board slammed President Trump on Monday, calling his plan to place tariffs on other countries the “dumbest tariff plunge.” The board, in an editorial published
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Mediaite on MSNThe Wall Street Journal Calls for Someone to ‘Sue’ Trump Over Tariffs: Treating the Economy as a ‘Personal Plaything’The Wall Street Journal argued that "someone should sue" the Trump administration over the massive tariffs it has imposed on Mexico and Canada.
All three major U.S. markets sank before regaining lost ground on fears a trade war will hobble the world’s largest economy and boost inflation.
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