In today’s CEO Daily: Geoff Colvin on the effect of Trump’s tariffs on corporate profits.
The big story: Forecasters eye a global recession.
The markets: Worst since Covid in 2020.
Analyst notes from JPMorgan, Wedbush, UBS, and Oxford Economics on the risk of economic contraction under the new global trade rules.
Plus: All the news and watercooler chat from Fortune.
Good morning. Today’s worldwide economic chaos, sparked by President Trump’s new tariffs, may be shocking, but it isn’t new. A similar story played out eight years ago, in Trump’s first term as president. A look at what he did, and the repercussions that followed, is instructive for business leaders, investors, and consumers. And it is by no means encouraging.
Unlike in his current term, Trump back then didn’t immediately launch a trade war. He devoted his first year as president to easing business regulation and getting a historic tax cut through Congress. CEOs were jubilant. But then,
We współpracy z: https://fortune.com/2025/04/04/global-recession-forecast/
