Explore my portfolio mix. Follow to see how I invest!
Explore my portfolio mix. Follow to see how I invest!
Tariffs could crash the economy — and Elon Musk warned us!
With inflation still high and growth slowing, Trump’s proposed import taxes might push the U.S. into a recession by late 2025.
Here’s what’s happening — and why it matters more than you think:
Elon Musk recently raised concerns that Trump’s proposed tariffs on imports could trigger a U.S. recession in the second half of 2025 — and he may not be wrong. Tariffs, which are essentially taxes on goods we import from other countries, raise the cost of everything from raw materials to finished products.