We presciently warned for a year and earlier this week in Fortune that Trump’s economic policies and this week’s “Liberation Day” tariffs announcement would prove to be a cataclysmic event. Like frat boys in denial that the driver of their car is dangerously drunk,

Tariffs? What tariffs? Senate Republicans are rushing to pass tax cuts while odds of an economic recession spike.

Speaking at a conference on Friday, Federal Reserve Chair Jerome Powell said “it is now becoming clear that the tariff increases will be significantly larger than expected,” and the economic

President Donald Trump’s slew of “Liberation Day” tariffs announced Wednesday has investors worrying his protectionist politics could plunge the United States, and the world, into a recession. The stock market plunged on Thursday,

Mr. Trump has said the two new tariffs he unveiled yesterday — a 10% universal duty on all U.S. imports and so-called reciprocal tariffs applied to imports from 90 nations — will revitalize American manufacturing, create jobs and generate federal revenue.

The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.

President Donald Trump's sweeping new tariffs will raise the likelihood of a recession and hike prices for an array of goods, including coffee, bananas, laptops and toys, multiple analysts told ABC News.

UBS economists led by Jonathan Pingle went one step further in their reaction to the tariff news, forecasting the U.S. will go into