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Trump's Trade Policies Spark CEO Fears of Recession

5/24/2025

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Summary

Story summary

President Trump's trade policies have taken a troubling turn, shifting from initial advantages for Canadian banks to looming risks. CEOs now voice fears of potential recessions and stagflation in the U.S., jeopardizing their growth. Adding to the tension, Trump has threatened new tariffs on the EU and Apple, heightening the stakes in international trade.

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Story summary

President Trump's trade policies have taken a troubling turn, shifting from initial advantages for Canadian banks to looming risks. CEOs now voice fears of potential recessions and stagflation in the U.S., jeopardizing their growth. Adding to the tension, Trump has threatened new tariffs on the EU and Apple, heightening the stakes in international trade.