What Trump's new tariffs mean for the world economy and the stock market | DW News

US President Donald Trump has announced a round of sweeping "reciprocal tariffs" on countries around the world. Trump said that his plan would "make America wealthy again." He called the tariff plan "a declaration of economic independence" and "our turn to prosper." But many experts warn of a higher chance of a recession and inflation. Chapters: 00:00 Trump announces sweeping global tariffs 01:45 Jens Korte, Wall Street Correspondent 04:55 Abigail Hall, Professor of Economics (University of Tampa) For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #Trump #tariffs #economy