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The Business Station
Tariffs, A Shock to the Global Economic System?
11 mins·07:30, 3 Apr 2025
Tariffs, A Shock to the Global Economic System?
11 mins
·
07:30, 3 Apr 2025
·
Recommended
Guest: Preston Caldwell, Senior US Economist, Morningstar
A minimum of 10% tariff on all exporters to the US will be imposed whilst additional duties will be slapped on 60 other countries. Preston Caldwell, Senior US Economist, Morningstar helps us breakdown what this annoucement means for the US economy and if this will cause the world's largest economy to slip into a recession.
Image Credit: Shutterstock.com
Presenter: Wong Shou Ning, Philip See, Aisalli Ayub
Producer: Natalie Tan
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