Is US Economy Heading For A Recession Under Trump? Why Tariffs Could Be The Key Factor

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Is US Economy Heading For A Recession Under Trump? Why Tariffs Could Be The Key Factor | Explained Curated By : News18.com Edited By: Shilpy Bisht Last Updated: March 12, 2025, 08:30 IST Trump’s tariffs, including reciprocal tariffs worldwide and a more intense trade war with Mexico, Canada, and China, are a pivotal factor for rekindling fears of a recession It is expected that higher tariffs and a trade war would lead to higher inflation in the US. (AP Photo) The Wall Street on Monday clocked one of its worst trading days since 2022, driven by US President Donald Trump’s...