A majority of economists surveyed by Reuters believe the global economy is at high risk of entering a recession this year, largely due to the impact of U.S. tariffs. These tariffs, initiated by former President Donald Trump, have disrupted global trade and shaken investor confidence in U.S. assets. Although some tariffs have been temporarily reduced, ongoing uncertainties continue to weigh heavily on businesses, leading many to revise their revenue forecasts downward. Economists warn that the current trade tensions could lead to stagflation, characterized by low growth, high inflation, and rising unemployment. — new from Reuters
