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Trump’s tariff chaos threatens an economy already flashing yellow lights

Donald Trump is threatening to impose tariffs on Canada and Mexico, which could lead to a trade war and result in retaliatory tariffs from these countries.
Surveys indicate a significant drop in consumer sentiment, with the Conference Board's index falling 11 points, the largest decline since 2009.
Warren Buffett's company, Berkshire Hathaway, has reduced its stock portfolio significantly, raising cash to 27%, which reflects a cautious stance before potential market downturns.
The Atlanta Federal Reserve has downgraded its GDP forecast to a 1.5% decline for the first quarter, signaling concerns over economic stability amid tariff threats.

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ABC Australia

Why Trump's trade war could spark a global financial market meltdown

Even before Donald Trump shattered the idea of a western alliance over the weekend, an uneasy spectre had begun to roil through the global economy, with troubles brewing on at least three fronts.

6 hours ago·Australia

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La Presse

Customs duties on U.S. industry begins to cash in "shock"

US industries are facing "the first operational shock" resulting from the introduction of new import taxes, according to an index published on Monday showing growing concerns about prices and demand.

7 hours ago·Montreal, Canada

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