
Trump’s Tariffs: Risks & Economic Impact
Torsten Slok warns of a 'volunteer profession reset economic crisis' due to Trump's tariffs. Lower confidence, rising production costs, and decreased container ship traffic signal economic downturn.
Torsten Slok warns of a 'volunteer profession reset economic crisis' due to Trump's tariffs. Lower confidence, rising production costs, and decreased container ship traffic signal economic downturn.
Tariffs imposed by Donald Trump raise concerns about a global slowdown, impacting oil demand. Wirth attributes falling oil prices to increased OPEC+ production, but sees no recession signs yet, just slower growth. Trade tensions cited by IMF.