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Global Economies Brace for Trump's $30 Trillion Tariff Shock

4/6/2025

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Summary

Story summary

Countries like India and Vietnam are scrambling to negotiate after President Trump's new tariffs sent shockwaves through the global economy. Economists raise alarms about rising consumer prices and the looming threat of recession, while critics predict a staggering $30 trillion hit to the U.S. economy. The stakes have never been higher.

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Story summary

Countries like India and Vietnam are scrambling to negotiate after President Trump's new tariffs sent shockwaves through the global economy. Economists raise alarms about rising consumer prices and the looming threat of recession, while critics predict a staggering $30 trillion hit to the U.S. economy. The stakes have never been higher.