US EditionTrump's tariffs are the biggest tax hike since 1982 – Statista
- On April 2, 2025, President Donald Trump declared a 10 percent tariff on all imports, effective April 5, with specific tariffs starting on April 9.
- The announcement caused the worst two-day loss in U.S. Stock market history, resulting in a loss of $6.6 trillion in value before the weekend.
- Analysts at JPMorgan estimated a 60 percent likelihood of a recession due to fears stemming from the trade conflict between the U.S. And China.
- Oil prices dropped significantly, stabilizing around $60 per barrel, as recession fears grew.
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Trump’s economic chaos is anti-globalist revolution that young working-class voters ordered
Figuring out the future impact of U.S. President Donald Trump’s new global tariffs has turned into the economic equivalent of trying to decode modern art: confusing, polarizing and mostly just a bunch of projections.
Trump’s economic chaos is the anti-globalist revolution that young, working-class voters ordered
Figuring out the future impact of U.S. President Donald Trump’s new global tariffs has turned into the economic equivalent of trying to decode modern art: confusing, polarizing and mostly just a bunch of projections. Economists are squinting at charts like…
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Total News Sources10
Leaning Left2Leaning Right2Center1Last UpdatedBias Distribution40% Left, 40% Right
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
40% Right
L 40%
C 20%
R 40%
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