'Economic Neanderthal': Experts Warn Trump's Tariff Crusade Risks Global Recession The latest salvo in Donald Trump's tariff campaign has sent shockwaves through global markets, sparking fears of a worldwide recession.
The US is imposing 12. 5 percent tariffs on most Australian exports, prompting economists to sound the alarm about the dangers of protectionism and its potential to derail economic growth.
This move raises serious questions about Trump's understanding of economics and his commitment to free trade. By targeting 99.