Reported 4 days ago
The recent implementation of wide-ranging tariffs under President Trump has heightened global credit risks, complicating the economic outlook for both the US and Europe. With trade tensions escalating and financial markets experiencing instability, the tariffs, particularly on China, threaten to further strain economies already facing challenges. The policy shift could lead to severe repercussions, including potential recession risks in the US, as well as complicating efforts for economic recovery amid rising inflation and geopolitical uncertainties.
Source: YAHOO