"A Severe And Unpleasant Blow" Is Trump Risking A Recession With His Sweeping Reciprocal Tariffs?

4 months ago
28

President Donald Trump's announcement of reciprocal tariffs marks a seismic shift in global trade policy. It will have cascading effects on economies worldwide, big and small. The reciprocal tariffs policy, which imposes a baseline 10% tariff on all U.S. imports alongside targeted levies as high as 50% on specific countries, is the most aggressive protectionist shift since the 1930s. While Trump and his team have painted this as a corrective measure to "supercharge domestic American industry" and dismantle foreign trade barriers, the move has ignited fears of stagflation, breaking up the global trading order, and a potentially usher in a global recession.

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