Washington D.C. - President Trump has hinted at the potential implementation of new tariffs, a move that has sparked debate amongst economists and fueled concerns about a possible recession. While the President did not specify which goods or countries might be targeted, the announcement has already impacted market sentiment. Experts are divided on whether the U.S. economy is heading towards a downturn, with some pointing to strong employment figures while others cite slowing manufacturing and global trade tensions.
In other news, a U.S. tanker was involved in a collision with a cargo ship off the coast of the United Kingdom. Details are still emerging, but initial reports indicate that an investigation is underway to determine the cause of the incident. No injuries have been reported at this time, but authorities are assessing the extent of any environmental damage. This is a developing story and will be updated as more information becomes available.
Trump Hints at New Tariffs Amid Recession Fears
President Trump suggested the possibility of additional tariffs, raising concerns about a potential economic slowdown. The news comes as economists debate the likelihood of a recession. Separately, a U.S. tanker collided with a cargo ship near the U.K. coast, prompting an investigation. We'll have the latest updates on both stories.
Source: Read the original article at CBS