#TradeWar
The Art of the Trade War
#TradeWar
The Art of the Trade War
Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.
US Recession Looms: JPMorgan Warns of 60% Chance Amid Trump's Tariff Turmoil
- Friday, 04 April 2025
According to JPMorgan analysts, there is a 60% likelihood of a recession in the US, up from their previous prediction of 40%. The bank attributes this risk to tariff policies implemented by President Trump, which they believe will disrupt global trade and lead to rising prices for American consumers. This could result in months of decreased investment, job losses, and continued inflation.
