#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.
Recession Odds Soar: Trump Tariffs Trigger 'Black Monday' Fears, 62% Chance of Economic Downturn
- Monday, 07 April 2025
According to Polymarket, the odds of the US plunging into recession this year have spiked to 62% due to President Trump’s latest round of international tariffs. The odds rose from 39% to 49% after the tariff announcement on April 2 and reached a high of 66% on Sunday, indicating a two-thirds chance of an impending recession. The market fears are reminiscent of "Black Monday" in 1987, with investors bracing for another major sell-off.
