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Investors Betting That Trump’s Tariffs, Higher Than Expected, Will Put Pressure on Profits and Might Even Trigger a Global Recession

Prices, which rose on Wednesday, fall back in the wake of new tariffs ranging up to 50 percent on some Asian exporters.

AP/Seth Wenig
Robert Greason works on the floor at the New York Stock Exchange, April 3, 2025. AP/Seth Wenig
MITCHELL MARTIN
MITCHELL MARTIN

Investors around the world are betting that President Trump’s higher-than-expected tariffs on imports on countries deemed to be running unfair trade surpluses with America will put pressure on corporate profits and might even trigger a global recession.

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MITCHELL MARTIN
MITCHELL MARTIN

Mr. Martin is a journalist specializing in business, finance, and economics. He has worked for Forbes, the International Herald Tribune, and United Press International.

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