Economic Crash Risk Amidst High Tariffs: Expert Concerns

Economist Alex Krüger has raised alarm bells about the US economy, specifically the impact of high tariffs implemented during the Trump administration. His analysis points to a concerning trend: tariffs are causing significant sell-offs in American assets on global markets, potentially leading to a severe economic downturn. Krüger warns that without substantial tariff adjustments, the situation could worsen, jeopardizing market stability. He emphasizes the potential for the US to face a drastic economic downturn if no meaningful reform is implemented.