No Scroll News

Trump Defends Tariff-Driven ‘Economic Revolution’ Amid Recession Fears

President Trump defends his sweeping tariff policies as an “economic revolution,” despite warnings from economists that the measures could trigger a recession or stagflation, with severe market losses already evident.
Published on April 6, 2025

President Trump has defended his newly implemented tariff policies as an “economic revolution,” insisting the measures will bolster U.S. manufacturing and economic resilience. Announced on Wednesday and set to take full effect on April 9, these tariffs have already shocked financial markets, which saw over $6 trillion in U.S. stock value vanish in just two days.

Economists, however, warn that the escalating trade tensions could push the U.S. into a recession or even stagflation. Multiple sources, including Reuters and the Associated Press (with coverage on April 5 and April 6, 2025), report that the increased production costs and disrupted global trade dynamics are fueling these fears. The policy has also sparked international backlash, raising concerns about long-term economic viability and potential political risks as reciprocal tariffs loom on the horizon.


Sources
Associated PressReutersAxiosAssociated PressReutersReuters