Risk of ‘Trumpcession’ rising, economists say, as global markets fall

Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors

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The risk that the US economy will enter recession this year is rising, according to economists, as Donald Trump’s chaotic approach to tariffs continued to hit markets.

Shares on Wall Street fell sharply on Monday as investors bet the president’s unpredictable tariff trade war and handling of the economy would hit growth, amid a recent plunge in business and consumer confidence.

Topics

Trump doesn't rule out recession, rising inflation

In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...
CBS News - 19h
Recession Risks Rise Over Tariff Chaos, Polls Find

U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.
Inc. - 3d
Germany can spend almost €2tn without harming growth, economists say

FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wisely
Financial Times - 15h
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet

Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.
CNBC - 6h
World Health Organization warns of possible tuberculosis surge because of USAID cuts

Health authorities say that the Trump administration’s gutting of USAID raises the risk of a global surge in tuberculosis cases and deaths.
NBC News - 1d
Oil prices resume slide, ending lower as tariff fears spark stock-market tumble

Oil futures ended lower Monday, dragged down by fears rising global trade tensions could spark a recession or a slowdown as U.S. equities suffered their worst day of 2025.
MarketWatch - 41m
Stocks are falling as Trump comments on risks of a recession

Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...
CBS News - 46m
A Syrian war monitor says the death toll rises to more than 600 in recent violence

A Syrian war monitor says the death toll rises to more than 600 in recent violence
ABC News - 2d
Iran is riven with conflict. Donald Trump’s offer of talks won’t ease it

With internal politics at their most unstable for years, the risk of escalation is rising. The letter the US president, Donald Trump, says he sent to Iran’s leadership offering to reopen talks on ...
The Guardian - 1d

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