RSM chief economist: ‘Recession will start on the docks of Los Angeles’

fortune.com/2025/05/06/recession-start-docks-los-angeles-rsm-chief-economist-tariffs-trade

A tariff-induced recession may begin in Los Angeles before metastasizing: The administration’s trade policies will result in rising prices and unemployment among supply-chain related workers, which will eventually push the economy into recession territory, according to RSM chief…

This story appeared on fortune.com, 2025-05-06 16:12:45.
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