Business, Finance & Tech

Economic Impact of Trump's Tariffs and Market Reactions

Name: Economic Impact of Trump's Tariffs and Market Reactions
Uploaded: 2025-04-07T12:21:32-07:00
Channel: NBC Palm Springs
Description: The economic fallout from President Trump's tariffs is escalating, with stocks plunging nearly 10% and $60 trillion in market value lost. Recession fears are mounting as experts predict rising unemployment and higher consumer prices. Global trade tensions intensify, protests grow, and the S&P 500 enters bear market territory.

By: NBC Palm Springs

April 7, 2025

Trump tariffsstock market droprecession fearsJP Morgan forecastunemployment riseFederal ReserveJerome PowellChina tariffsSP 500 bear marketUS economyconsumer pricestrade warScott BesantprotestsNetanyahu meetingIran conflict

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