Trump's Tariffs Spark Global Recession Fears Amid Economic Uncertainty

President Donald Trump's recent decision to impose tariffs of 25% on steel and aluminum imports has triggered significant concerns regarding the possibility of a global recession. Market reactions have been negative, with Wall Street experiencing one of its worst trading days since 2022, largely influenced by fears surrounding the impact of these trade policies on the U.S. economy. Trump has acknowledged that while he believes these tariffs will ultimately benefit the U.S. economy, they may lead to short-term pain, raising further questions about the economic trajectory. Analysts are highlighting the uncertainty and volatility generated by Trump's unpredictable tariff strategies, which have affected not only U.S. markets but also international trade relations. The potential for retaliatory tariffs from affected countries could exacerbate the situation, leading to higher prices for consumers and disruption in global supply chains. Overall, Trump's trade policies are seen as a double-edged sword, with both potential gains and the looming threat of recession looming large.