‘Worse than worst-case scenario’: Trump’s tariffs send markets reeling

Al Jazeera interviewed Veljko Fotak about the economic impacts of the Trump administration's tariffs.  “The long-run tariff policy remains uncertain – how will other countries react? Will the U.S. escalate? Will it pull back?” Fotak said. “Markets did react forcefully, but we will see further downward corrections if these tariffs persist – and more dramatic movements if the trade war escalates.”