Analysis
Analysis
Global markets have given Trump a clear no-confidence vote – and his fickleness is making the problem worse
The consequences of the president's policy will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world.

On Wednesday, Donald Trump announced global tariffs, ratcheting up protectionism. Pic: Reuters

Traders at the Frankfurt stock exchange watched the DAX plummet on Friday. Pic: Picture-alliance/dpa/AP

Vehicles destined for export, like these in Yantai in eastern China, face massive US tariffs. Pic: Chinatopix/AP

Container ports like Oakland in California might expect activity to fall. Pic: AP
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