Growing concerns about the economic fallout of US trade policies are mounting as experts predict cascading risks to global markets. The tech-driven Nasdaq Composite Index plunged over 20% from recent highs, signaling a deepening bear market, while $47 trillion vanished from global equities in a two-day selloff. Apple, Microsoft, Amazon, and other tech giants alone shed $13 trillion in value.
JPMorgan’s revised forecasts add to apprehensions, projecting a US recession by 2025 due to aggressive monetary tightening. Economists globally are raising alarms over tariffs, with Peter Boehringer of the Peterson Institute calling recent US trade measures “completely fabricated” and devoid of economic logic.
“These tariffs represent the largest trade escalation in decades, fueling inflation and retaliation risks,” warned Dean Baker of the Center for Economic and Policy Research. Clay Ramsey of the University of Maryland cautioned that middle- and lower-income households face the heaviest long-term costs.
Analysts urge collaborative, sustainable policies to stabilize trade relations and mitigate inflation, emphasizing that unchecked economic friction threatens prolonged global instability.
