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U.S. Tariff Tantrum Has Global Markets Playing 'Duck and Cover'

Reading time: 2 min • Apr 24, 2025, 04:36 AM (UTC)

Key Points

  • U.S. tariffs are causing global economic tensions, with Japa...

Oh look, it's another exciting episode of "How to Anger Your Trading Partners and Alienate Countries" starring Uncle Sam! As 2025's economic soap unfolds, Japanese Finance Minister Katsunobu Kato just called U.S. tariffs "highly disappointing" - which in diplomatic speak is about as close as you get to saying "What on Earth are you doing?"

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The global economic playground is getting messy, with Citigroup predicting a 40% to 45% chance of recession. That's right, folks - the U.S. economy might be heading towards what economists technical...

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