Coverage dated June 1, 2025 to June 2, 2025

Trump’s tariff tantrum risks a global depression

Headline from The Hill

Newest development Jun 3, 2025 · 3 reportsTrump Tariffs Are Hurting US and Global Economy, OECD Warns

Trump's proposed 50 percent tariff on EU imports could lead to higher prices, disrupted supply chains, and a hit to jobs, while potentially alienating allies and weakening global stability.

The Hill's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Trump’s tariff tantrum risks a global depression

    Headline from The Hill ·

  2. Newest

    Trump Tariffs Are Hurting US and Global Economy, OECD Warns

    Headline from Bloomberg ·

Read the reports

Reports & sources

5 articles, oldest first.

  1. FOX Business

    Trump warns court ruling against tariffs could lead to 'economic ruination' of US (opens FOX Business)

    Published

    FOX Business's feed description

    President Donald Trump criticizes potential court decision on tariffs, claiming it risks economic ruination, as legal battles over import taxes continue in federal courts.

  2. The Hill

    Trump’s tariff tantrum risks a global depression (opens The Hill)

    Published

    The Hill's feed description

    Trump's proposed 50 percent tariff on EU imports could lead to higher prices, disrupted supply chains, and a hit to jobs, while potentially alienating allies and weakening global stability.

  3. CNN

    Trump’s tariff fallout? It’s worse than we previously thought, says OECD (opens CNN)

    Published

    CNN's feed description

    President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.

  4. Bloomberg

    Trump Tariffs Are Hurting US and Global Economy, OECD Warns (opens Bloomberg)

    Published

    Bloomberg's feed description

    Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said.

  5. Insider

    It's official: Trump's tariffs are damaging the economy (opens Insider)

    Published

    Insider's feed description

    The OECD said President Donald Trump's tariffs are hitting economic growth in the US and globally too, and warned of consequences for jobs and incomes.

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