Risk of global economic recession surges on US tariff shockwaves: Reuters poll
Economy And Jobs,Tariffs,Recession
Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said U.S. President Donald Trump's tariffs have damaged business sentiment.
Just three months ago, the same group of economists covering nearly 50 economies had expected the global economy to grow at a strong, steady clip.
The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.
But Trump's push to reshape world trade by imposing tariffs on all U.S. imports has sent shockwaves through financial markets, wiping out trillions of dollars in stock market value, and shaken investors' confidence in U.S. assets, including the dollar, as a safe haven.
Related Coverage
AllSides Picks
Headline Roundup
US and Japan Make Coordinated Yen Purchases to Bolster Currency
August 3rd, 2026
Headline Roundup
Newsom Praises Minimum Wage Raise in California
August 2nd, 2026
The Insight
The Insight: What NYC's City-Run Grocery Stores Mean for America
AllSides Staff
July 31st, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
July 24th, 2026