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Will the tariffs lead to a recession? Here’s how to know if we’re in one

  • In 2025, Trump's administration imposed sweeping tariffs intended to revive US manufacturing, which has declined since the 1970s.
  • Globalization, automation, and competition slowed manufacturing, prompting Trump to initiate a trade war reminiscent of the Smoot-Hawley Act.
  • Trump's policies include halting university grants over antisemitism concerns and reviewing tech company suggestions, creating market volatility.
  • Trump called the CHIPS and Science Act 'horrible, horrible', despite it authorizing nearly $300 billion to boost semiconductor research.
  • Experts warn Trump's focus on manufacturing and disregard for AI investment could cost the US the AI race against China.
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  • 51% of the sources are Center
51% Center
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Aspen Daily News broke the news in on Monday, April 7, 2025.
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