Trump insists tariff war is ‘doing really well’ as recession fears mount

Wall Street experts are warning of continued economic turbulence as countries rush to make deals with US President Donald Trump, who insists his trade war is “doing really well” despite fears of recession. Trump’s aggressive tariffs strategy is moving forward quickly, while US consumer expectations for price growth have reached a four-decade high, leading to increased uncertainty in the global economy. Beijing has retaliated by raising tariffs on US exports to China, adding to the escalating trade tensions.

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