Despite White House claims, major automakers warn that tariffs could raise vehicle prices, prompting consumer panic and market uncertainty.
The US-China trade war is projected to cause a 35% drop in cargo at the Port of Los Angeles, threatening local economies, jobs, and global trade stability.
Financial Analysis, Financial Commentary, Policy & Governance, Political Accountability, Political Commentary, Politics, Trade & Tariffs, U.S. Economy
JPMorgan raises U.S. recession risk to 60% after Trump’s new tariffs. Economists warn the impact may be worse than 2008, with rising prices and market turmoil.