Trump is playing a dangerous game with America's economy

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Trump is playing a dangerous game with America's economy
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The Fed cut interest rates this week for the first time in nearly 11 years, effectively lowering the odds of a recession in the US. Just 24 hours later, President Trump raised those odds by vowing to unleash tariffs on $300 billion of US imports from China

New York President Donald Trump's escalating trade war against China threatens to inflict a powerful shock to the American economy that not even the Federal Reserve can fully absorb.

The Fed cut interest rates this week for the first time in nearly 11 years, effectively lowering the odds of a recession in the United States. Just 24 hours later, Trump raised those odds by vowing to unleash tariffs on $300 billion of US imports from China, which will for the first time directly impact American shoppers.The new front in the trade war will only add to the downturn in manufacturing spanning the globe.

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