LIVE: Trump's Trade Policies Increases Fear of Recession in US | Vantage with Palki Sharma | N18G
LIVE: Trump's Trade Policies Increases Fear of Recession in US | Vantage with Palki SharmaUS President Donald Trump's trade tariffs are reportedly hurting the global economy. A report by UNCTAD highlighted that the investments have fallen to levels seen in 2008 when the global economy was gripped by a financial crisis. The growth projection for the current financial year has been slashed from 2.8% to 2.3%. As per the report, the current growth rate is the slowest in the last decade. The developing nations are likely to be the first ones to face the brunt. Countries like Vietnam, Cambodia, and Malaysia have been threatened with 40% tariffs. Trump's trade policies have again raised recession fears in the U.S. Trump's involvement in the West Asia conflicts has further raised concerns among economists. Palki Sharma tells you more.
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