The duties will also cause self-inflicted economic damage and drive up inflation, warns Quantum Strategy's David Roche.

Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression. Bessent, in further bearish ...

as well as the Canadian economy, into recession.” He outlined his three-point plan for responding to tariffs in an op-ed in BIV. Economists define a technical recession as being when a country ...

Tariffs would cripple Mexican border economies that are reliant on factories churning out products for the U.S. — auto parts, ...

The UK may already be in recession as Rachel Reeves’s record tax raid brings “extended agony” for the economy, an investment bank has warned. National GDP may be shrinking after a swathe of ...

As tariff threats loom, a new Bank of Montreal (BMO) survey finds 63 per cent of Canadians expressed concerns about the potential for a recession in the next 12 months. The online poll also found 48 ...

myriad electronics — and likely thrust the country into a recession, economic forecasters have warned. Some workers wonder how much longer they’ll have jobs, while business leaders say the ...

Financial experts are growing more cautious about Germany's economic outlook, as the spectre of a second consecutive year of recession and renewed trade tensions under the new US administration ...

when inflation was low amid a long post-recession economic expansion. Mr. Trump will instead oversee an economy that many economists expect to slow this year and next. Inflation has eased ...