Recession risk deepens, fear haunts economies and businesses as Trump's tariff damage spreads

  • Posted on April 28, 2025
  • By Business News Today
  • 2 Views
Recession risk deepens, fear haunts economies and businesses as Trump's tariff damage spreads

A recent Reuters poll reveals economists are increasingly worried about a potential global recession this year, largely blaming U.S. tariffs for damaging business confidence. Overwhelmingly, economists view these tariffs negatively, leading to lowered global growth forecasts. Concerns extend to stagflation, with central banks struggling to meet inflation targets.
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