Expert: Trump's tariffs are a bomb aimed at the global system. They will trigger a recession in the US

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The tariffs announced by Trump are a "bomb" aimed at the global trading system, which could lead to a recession in the US and a global slowdown, Gary Hufbauer, a erstwhile authoritative of the Ministry of Finance and an expert at the Peterson Institute for global Economics, told PAP. He assessed that the approach utilized by the US president makes no sense.