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Steve Rattner: U.S. îs the 'biggest loser' in Trump's tariffs war
Posted
April 4, 2025
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YouTube Description
as posted by the channelSteve Rattner joined #MorningJoe to break down the broader economic impact of Trump’s new tariffs, warning that the odds of a recession this year are now as high as 60%.
Rattner pointed to a $5 trillion drop in market value since Trump’s inauguration—adding that the U.S. is projected to suffer the worst long-term GDP hit of any major economy:
“Trump thinks he’s the winner—and we turned out to be the loser.”
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