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'So much damage': Is the United States headed for a Trump recession?

  • On April 11, 2025, markets reacted to President Trump's trade policies and tariff actions.
  • Trump's trade war and tariff rollouts, especially with China, created economic pessimism.
  • The Dow Jones Industrial Average initially fell over 2,000 points, later closing down around 1,000.
  • Treasury Secretary Bessent now leads trade; the White House told CNBC tariffs on China effectively reached 145%.
  • Analysts suggest uncertainty will persist, with potential for recession and continued market volatility.
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Bias Distribution

  • 57% of the sources lean Left
57% Left
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CNBC broke the news in United States on Thursday, April 10, 2025.
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