Written By WION Video Team
Published: May 02, 2025, 05:55 IST | Updated: May 02, 2025, 05:55 IST
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World Business Watch May 02, 2025, 05:55 IST
Global economies at risk as U.S. tariffs shake confidence
The odds of a U.S. Recession by year-end are climbing as wall street cites escalating trade tensions, especially with president Trump’s tariffs. The latest data shows the U.S. Economy contracted for the first time in three years, signaling a slowdown.
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