Harvard economist Jeffrey Frankel says the US faces recession odds about three times the usual level amid Trump’s tariff push. He argues tariffs could mean slower growth alongside higher prices, weaken capital formation, and add uncertainty around the dollar. Frankel also warns that dismantling post-war trade rules could ripple outward, even if some voters still back the plan.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
