‘Trumpcession’ coming? Economists warn as $4 trillion wiped out from markets after Trump’s trade salvo backfires
Fears of a looming recession in the US are intensifying as President Donald Trump’s erratic trade policies shake investor confidence. Stock markets are in turmoil, businesses are wary of investing, and economists are slashing growth forecasts. While the White House remains optimistic, analysts warn that tariff wars and economic uncertainty could tip the world’s largest economy into decline. With Wall Street bleeding billions and consumer confidence plummeting, the big question remains: is the US on the brink of a downturn?