Analyst Fears US Tariffs Will Trigger Economic Recession

A new research report reveals concerns about the potential economic devastation from the recent wave of U.S. tariffs imposed on goods from Asia. Wedbush analysts, after evaluating these escalating trade measures, have expressed worry that even if American companies can source domestically, it’s unlikely to fully offset the long-term impact on supply chains and consumer preferences. The report cites a decade-long decline in domestic production as potential consequence of these tariffs. These measures are attributed by analysts to President Trump’s trade policies, further emphasizing their negative consequences for the American economy.