Global Recession Ahead? US Tariffs Spark Economic Alarm
Mădălin Mihai
The latest round of US import tariffs announced by President Donald Trump has raised concerns of a global economic slowdown, with many countries potentially slipping into recession, according to a top economist at Fitch Ratings. Olu Sonola, head of US economic research at Fitch , warned that the new tariffs —ranging from 10% to 49% on imports from all countries—could have widespread consequences. " This is a game changer, not only for the US economy but for the global economy. Many countries
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