US Recession Fears Drag Global Markets Amid Trump’s Tariffs
News Context
At a glance
- Growing concerns are emerging regarding the impact of recent tariff policies on the US economy.
- Import tariffs and trade policy uncertainty can have adverse effects on the US economy. Research from the IMF indicates that protectionism, particularly through tariff shocks, can depress trade...
- According to IMF working papers, tariff shocks have a more substantial impact than general trade policy uncertainty shocks.