Trump Faces Criticism Over Tariff Policies as Recession Fears Grow

Economic uncertainty and market turmoil intensify as the administration doubles down on tariffs, with mixed reactions from lawmakers and business leaders.

President Donald Trump has defended his tariff policies, describing them as necessary for 'bringing wealth back to America,' despite growing concerns about their economic impact.
Economists and financial institutions, including JP Morgan and Goldman Sachs, have raised the likelihood of a U.S. recession due to the tariffs imposed on Canada, Mexico, and China.
The stock market has experienced significant losses, with the S&P 500 suffering its worst week since September, as businesses and investors react to the new trade measures.
Republican lawmakers, including House Speaker Mike Johnson, have urged patience, framing the economic turbulence as a necessary step in reshaping the U.S. economy.
Democrats and some business leaders have criticized the tariffs, warning of increased costs for American consumers and potential long-term harm to the economy.