U.S. trade war torpedos economic growth
Economic and financial fallout from erratic U.S. policy could impact stability
Globally, exports rose 2% year on year, down from 4% in March
Jump in energy and water bills drives inflation to 3.5% in April
Core inflation accelerated to top 3% in April, despite a drop in headline CPI
The negative impact of higher tariffs on outlook, employment portends slump
Two-thirds of leveraged debt exposed to negative fallout
Fallout from flighty U.S. policy starting to show up in economic data
Trump’s tariffs fuel concerns about slower growth and higher prices
Economists cut global growth outlook to 2.4% in 2025