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The Latest Breaking News from Recession

What the spiralling trade war means for relations between the US and China

Donald Trump has partially walked back on his so-called “liberation day” tariffs on nearly all US imports after fears mounted that the move would result in a global recession and much higher borrowing costs for the US government.

The Conversation

Fund managers quietly fear Trump doesn’t have a tariff plan and that he ‘might be insane’

Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’

The Independent UK

‘The damage is done’: Why Trump’s tariff pause has not stopped the risk of global recession

Even with a 90-day halt on aggressive tariff hikes, leading economists say uncertainty has already caused considerable harm

The Independent UK

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Goldman Sachs pulled its recession call moments after Trump pressed pause on tariffs. Moody's chief economist isn't convinced: 'I take no solace in the president's announcement'

Markets are bouncing back, but not everyone is so relieved.

Fortune

A dead cat bounce? Six market terms to know in an era of trade wars

As Trump's global tariff war takes a new turn after the announcement of a 90-day pause on tariffs, here are some of the most important market terms investors should know.

Euronews

Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent it

In the first of a two-part series, the former prime minister outlines a global response to Donald Trump’s tariffs

The Guardian - UK

Is the Economy at Risk of a Recession Because of Tariffs? What the Experts Are Saying

With the stock markets up and down and tariffs on and off everyone including retirees may wonder what it means for the economy. Here's what the experts think.

Kiplinger

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Delta To Trim Capacity In Light Of Weakening Travel Demand

Delta Air Lines withdrew its full-year profit forecast Wednesday and shelved some planned capacity hikes, pointing to a weakening demand outlook amid recession worries and whipsawing trade wars.

International Business Times

Trump pauses plans to hike US tariffs on most countries except China

Trump says he will raise US tariffs on Chinese exports to 125% and unveils 90-day pause for other countries

The Guardian - US

Jamie Dimon eyes a ‘likely’ recession, unless the Trump administration turns tariffs into trade deals: ‘That’s the best thing they can do’

Dimon, CEO of JPMorgan Chase, is one of the most respected figures in corporate America.

Fortune

Eight charts that reveal the economic impact of Trump’s tariffs

The tariffs have hit dozens of economies, representing the biggest disruption to global trade in decades.

Al Jazeera

Trump promotes Jamie Dimon interview after JPMorgan CEO predicts tariffs will ‘likely’ cause recession

‘Fixing Trade and Tariffs is a good thing!’ Donald Trump quoted Jamie Dimon from a Fox interview, failing to note that the JPM chairman warned of a ‘likely’ recession

The Independent UK

Energy demand erodes in face of global economic slowdown as trade war intensifies

Oil prices slid to a four-year low Wednesday as fears of a global recession grew amid the latest round of tariff increases

The Independent UK

Markets Slide As U.S.-China Trade Fight Escalates

The tariffs now cover nearly all U.S. trading partners and have sparked fears of a global recession.

International Business Times

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The Independent UK

Jamie Dimon tells Maria Bartiromo that recession is ‘likely’ and he expects defaults amid trade war

The JP Morgan Chase chairman also said that ‘sticky inflation’ will not go away anytime in the near future

The Guardian - AU

Trump’s tariffs could push Australia into recession town. So why is the RBA waiting until May to meet?

Our central bank continues to act as though nothing out of the ordinary has happened. In fact, the opposite is true

Fortune

Delta CEO warns Trump tariffs are already threatening the $300 billion revenge travel market: 'We're acting as if we're going into a recession'

Bastian called Trump's tariffs "the wrong approach" as markets spiral.

The Guardian - US

Jimmy Kimmel: ‘Somehow Donald Trump has managed to transform the stock market into Kanye West’

Late-night hosts discuss Trump’s escalation of a trade war, including 104% tax on Chinese imports, as markets plunge toward global recession

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Marie Claire

Hailey Bieber Brings Back the Bandage Dress Trend in a Cut-Out Saint Laurent Gown

Is this dress a recession indicator?

The Independent UK

Ex-treasury secretary predicts recession with 2 million more Americans unemployed

Larry Summers, who held the post during the presidency of Bill Clinton, is sounding the alarm over the impact of Donald Trump’s tariffs

International Business Times UK

5 Winning US Stocks To Invest In Despite the Market Crash and Global Recession Fears

These five US stocks are defying market trends on new deals, technological breakthroughs, improved sectoral outlook, and strong fundamentals.

Euronews

Oil prices tumble to four-year low as US-China trade war fuels recession fears

Crude oil prices plunged to a fresh four-year low as the US-China trade war escalated. Other economic-growth-sensitive commodities, including iron ore and copper, also slumped in recent sessions amid deteriorating demand outlooks in the world’s largest importer.

Evening Standard

London's FTSE 100 slumps again as China retaliates against Trump's tariffs

Fears of a recession escalate as US and China slug it out in hugely damaging trade war

The Guardian - UK

Will Trump’s tariffs tip the world into recession? – podcast

As countries reel from the Trump tariffs, can a global recession still be avoided? Richard Partington reports

Latin Times

Musk's AI Chatbot Warns Trump Tariffs Could 'Cause a Recession' as Markets Face Worst Stretch Since 2008

Elon Musk's AI chatbot, Grok, has warned that President Donald Trump's recent tariffs could lead to a global recession.

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