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'Things are bad': Global recession warning as markets react to Trump’s tariffs

Posted

April 7, 2025

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“We’e got sufficiently significant moves that we have to accept that things are going bad.”

A global recession is now likely as markets react to Trump’s tariffs, but it’s “pessimistic” to call this the end of globalisation, former deputy governor of the Bank of England Sir Howard Davies tells #TimesRadio.

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'Things are bad'England Sir Howard DaviesTimesRadio JoinTimes RadioThe Times

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'Things are bad': Global recession warning as markets react to Trump’s tariffs · The Trump Report · Sentinel