Tariffs, A Shock to the Global Economic System?

Preston Caldwell , Senior US Economist, Morningstar

03-Apr-25 07:30

Tariffs, A Shock to the Global Economic System?

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A minimum of 10% tariff on all exporters to the US will be imposed whilst additional duties will be slapped on 60 other countries. Preston Caldwell, Senior US Economist, Morningstar helps us breakdown what this annoucement means for the US economy and if this will cause the world's largest economy to slip into a recession.

Image Credit: Shutterstock.com

Produced by: Natalie Tan

Presented by: Wong Shou Ning, Philip See, Aisalli Ayub

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Categories: markets, economy, government, politics, international, controversies

Tags: us tariffs, donald trump, global economies, trade war,

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