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America may be headed for this rare type of economic crisis from Vox - All RSS feed.

America may be headed for this rare type of economic crisis

President Donald Trump’s decision to impose large tariffs on all foreign imports has triggered a global trade war, stock market collapse — and predictions of an imminent recession. In the wake of Trump’s tariff announcement last week, JP Morgan raised its odds of a US recession to 60 percent, up from 40 percent. Other banks […]