Trump's Tariffs Risk U.S. Recession, Economic Experts Warn

President Trump's recent announcement of aggressive tariffs, dubbed 'Liberation Day,' is raising concerns about a potential U.S. recession and economic turmoil. Analysts from Barclays and BofA Global Research predict that the tariffs could inflate prices and reduce GDP, with Barclays warning of a 'high risk' of recession by 2025. The market reacted negatively, with fears of escalating trade tensions leading to a global selloff and confusion over currency valuation. Despite the intention to revitalize U.S. manufacturing, experts believe the tariffs could result in higher consumer prices and backlash from allies, complicating the political landscape ahead of the midterm elections. Polls indicate significant public skepticism regarding the benefits of tariffs, with many Americans fearing they will lead to increased costs for essential goods. While Trump maintains that the tariffs are necessary to address unfair trade practices, the long-term impacts remain uncertain and could affect his party's electoral prospects.