Expert: Trump’s Reciprocal Tariffs May Rock the U.S. Economy
Expert David Firestein warns Trump’s reciprocal tariffs could trigger inflation, job losses, and recession risks in the U.S.
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Expert David Firestein warns Trump’s reciprocal tariffs could trigger inflation, job losses, and recession risks in the U.S.
US tariffs and a bear market dent tech stocks and spark fears of a recession by 2025, warn leading economic experts.
US economy faces warning signs as falling consumer confidence and fiscal challenges fuel recession fears.
U.S. consumer confidence declines for the fourth month amid economic uncertainty, with expectations hitting a 12-year low.
Professor Sir Anton Muscatelli argues that tariffs have driven up prices for US consumers and squeezed producer margins, questioning their benefits.
The University of Michigan survey reveals a 10.5% drop in U.S. consumer sentiment amid tariff chaos and rising economic uncertainty.
Exploring how current US tariffs mirror the Smoot-Hawley Act, risking economic fallout and stifling global trade.
President Trump’s aggressive tariffs and executive actions aim to boost the US economy, but may lead to higher costs for consumers and retaliatory measures from other nations.
US inflation slightly eased in January with the PCE Price Index at 2.5%, but remains above the Fed’s 2% target. Consumers expect 3.5% inflation in the next decade.
A Federal Reserve Bank of New York study warns that recent US tariffs on Chinese imports could negatively impact the economy more than official data suggests.