The U.S. economy shrank for the first time in three years, sparking fears of a domino effect across global markets. New data from the United States Department of Commerce shows GDP fell 0.3% in early 2025—a sign experts say could mark the start of a recession linked to aggressive tariff policies. 🌍💥
Wang Yaojing, an economics professor at Peking University, warns that U.S. tariffs have “backfired spectacularly,” slowing trade, disrupting supply chains, and squeezing household budgets worldwide. “This isn’t just a U.S. problem—it’s a global economic gut punch,” she told reporters.
Young professionals and entrepreneurs are bracing for tougher access to international markets, while students worry about job prospects in sectors like tech and manufacturing. Meanwhile, TikTok and Instagram are flooded with debates over trade wars, with hashtags like #RecessionVibes trending. 💼📉
Could this downturn mirror the 2008 financial crisis? Economists urge caution, but one thing’s clear: the ripple effects of tariffs are hitting harder—and faster—than many predicted.
Reference(s):
Expert: U.S. tariffs triggers a recession and prolonged economic pain
cgtn.com