
Is the world staring at a recession? ‘There will be blood’, warn experts on Donald Trump’s reciprocal tariffs impact – The Times of India
The proposed US tariffs would mean unprecedented trade restrictions since the early 1900s. (AI image) Is the world staring at a recession? Economic forecasts have darkened on Wall Street following Donald Trump‘s broad tariff announcements, with major financial institutions signalling recession concerns. Bloomberg reports that JPMorgan’s Chief Economist Bruce Kasman has elevated global recession probability…