Trump’s Tariffs Ignite Concerns About US Recession

Almost a century ago, the US enacted a tariff law that triggered a global trade war and exacerbated the Great Depression. Now, President Donald Trump is wagering that the world has evolved enough to avoid a repeat. However, his plans have ignited concerns of a US recession, global slowdown, and the potential collapse of the post-war order. Bloomberg’s Shawn Donnan reports on the latest The Big Take: https://www.bloomberg.com/news/features/2025-03-31/trump-s-reciprocal-tariffs-risk-us-recession-trade-turmoil. (Source: Bloomberg)

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