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Edition from 2025-04-03, 5 AM UTC

Economic Ice Age? Tariff Fallout Threatens Recession, Warn Economists

President Trump's new batch of sweeping tariffs has rattled the economy, with leading economists warning that skyrocketing trade tensions and steep import fees could plunge the nation into a deep recession while inflation soars. Global markets are reeling as investors scramble to safe havens, and international allies prepare countermeasures, heightening geopolitical tensions.

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Number 54% - China faces new tariffs under Trump’s order

Quote "Do not retaliate." — Treasury Secretary Scott Bessent

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