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US Trade Representative Jamieson Greer testifies before the Senate Finance Committee on Trump's 2025 trade policy. Markets plunged in the wake of President's Donald Trump announcement of a sweeping tariff regime Wednesday that shocked trade experts and investors alike. Economists have warned that Trump's tariffs have heightened the likelihood of a recession, with one forecaster predicting it outright. The selloff erased over $5 trillion in market value in the S&P 500 for the two trading days since Trump announced his tariffs. The broader economy was already on shaky terrain due to fears over Trump's economic policy and the sweeping changes ushered in by the Republican administration's trade stances that could charge downward consumer sentiment. == Subscribe to our channel! https://bit.ly/2rj0khw And follow us on Facebook: / desmoinesregister Or Instagram: / dmregister Or TikTok: / dmregister = = = And support our journalists by becoming a paying subscriber: https://bit.ly/2Gc11mO