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Tag: trade war

Recession Risks Rise as Trade War Intensifies, Goldman Sachs Warns

31 March 20252 April 2025Political Fiber0

The risk of a recession in the US is growing, as escalating tariffs and the ongoing trade war under President Donald Trump threaten economic stability, according to Goldman Sachs. The investment bank has raised its recession probability to 35% over the next 12 months, up from 20%, and warned that the chances of a downturn […]

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UK warns EU of ‘historic misjudgement’ on eve of pivotal talks – trade war looms

12 October 202119 January 2024Political Fiber0

The UK has issued a warning to the EU over the future of Northern Ireland at the start of a pivotal week of talks between Brexit minister Lord David Frost and Maroš Šefčovič, vice president of the European Commission. Frost will tell the commission it will be making a “historic misjudgement” if it does not […]

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