Will ‘world chicken out’? What happens to Trump’s tariffs after US attack on Iran
Following US strikes on Iran's nuclear facilities and ongoing tensions, global markets are reassessing Donald Trump's willingness to act decisively. The previous assumption that Trump would back down from threats, particularly regarding tariffs, is now in question. The economic impact hinges on Iran's response, with potential scenarios ranging from global cooperation to a full-blown trade war and recession.
Following US strikes on Iran's nuclear facilities and ongoing tensions, global markets are reassessing Donald Trump's willingness to act decisively. The previous assumption that Trump would back down from threats, particularly regarding tariffs, is now in question. The economic impact hinges on Iran's response, with potential scenarios ranging from global cooperation to a full-blown trade war and recession.
