Experts Warn of Recession as Trump’s Tariffs Shake Markets

Ver Experts Warn of Recession as Trump’s Tariffs Shake Markets - Diario As en Dailymotion

Transcript

00:00I certainly think prices are going to increase in the United States. There's going to be

00:18rising voter anger. Probably a recession could be triggered. That will ripple around the

00:23world because production around the world will decrease as American consumption decreases.

00:28So I think it's going to drive everybody into a race towards the bottom. We will be looking

00:33at 5% or more unemployment in the United States. We'll be looking at probably a mild recession

00:39heading into a deeper recession if one has not already occurred.

01:08U.S. equities were the biggest fallout of this week's crisis. I think the biggest win

01:14that could happen would be a complete reversal of all the tariffs that were announced. I

01:21think that would only be the only short-term win we could see that would cause equities

01:27to rally.