U.S.-China Trade Tensions Elevate Recession Risks, Market Volatility
Escalating trade disputes between the U.S. and China threaten to destabilize global economic growth, with Apollo Global Management’s Torsten Slok warning of a potential downturn by summer if tariff pressures persist. The 145% levy on Chinese imports and a 60% plunge in cargo shipments underscore severe supply chain disruptions.
Markets now face heightened uncertainty as Washington’s protectionist measures clash with Beijing’s retaliatory capacity. Such friction historically correlates with capital flight to alternative assets—a trend cryptocurrency traders monitor closely for BTC, ETH, and other digital SAFE havens.