Markets Tailspin: Will Trump Drive Depression?
Global markets are in freefall amid Trump's tariff chaos, with the Dow plunging 1,600 points and the FTSE 100 down 7%-its worst week since 2020. Rumour mills were abuzz with unconfirmed reports suggesting Trump is now considering a 90-day tariff pause for all countries except China, only to be shut down by the White House.... Analysts warn the uncertainty will still hurt economies worldwide. As the S&P 500 and Nasdaq tumble, the world braces for more fallout from this trade war. Economists warn of a looming recession, with JPMorgan pegging the odds at 60%. Trump remains defiant, calling the tariffs a negotiation tool, but the world braces for a potential trade war.
