President Trump's Tariffs and Global Trade War

SOURCE www.npr.org
President Trump's tariffs on U.S. imports have caused a global trade war and selloff in the stock market, with warnings of a potential recession and slower economic growth.

Key Points

  • President Trump's tariffs on U.S. imports have caused fear and uncertainty in the global economy
  • The stock market experienced its worst selloff in five years
  • Economists warn of higher prices, slower growth, and potential recession
  • Global trade war intensifies as other countries retaliate with tariffs