Billionaire investor Ray Dalio warns that the US is nearing a recession, influenced by Trump's tariffs. He predicts that mishandling the economic situation could lead to a catastrophe worse than a recession.
In a surprising turn, President Trump hinted at possible exemptions to his tariff regime while addressing recent market fluctuations. With tariffs set at 10%, he emphasized fairness in trade policies and noted potential positive developments with China.
US consumers face rising prices and market instability due to Trump's tariffs. Experts suggest making big purchases now before costs soar, triggering a rush in retail investment strategies.
White House officials reveal that Trump's new tariffs are framed as a response to a national emergency, not a negotiation starting point. This has raised concerns over a potential trade war and market instability.
Consumer sentiment has dropped significantly in March, reaching its lowest point since November 2022. Concerns over inflation and a struggling stock market have left consumers feeling uncertain about the future, as political and economic factors weigh heavily on their outlook.
As recession fears grip Wall Street, financial experts share essential tips to prepare and protect your finances. From building an emergency fund to managing debt, discover how to navigate uncertain economic times.