Brokerages HSBC, Deutsche Bank and BofA warned on Thursday that the U.S. economy faces a higher risk of slipping into a recession this year if President Donald Trump's sweeping new levies remain in place. Trump on Wednesday imposed a 10 per cent baseline tariff on all imports to the U.S. and higher duties on dozens of other countries. If the tariffs are sustained, "recession risks will likely rise materially," Deutsche Bank said in a note, while BofA noted the economy could be pushed to "the

Tag-uri: Donald Trump