Recession Could Originate At The Port Of Los Angeles, Warns Economist, Calling Tariff Decision A 'Misapplied Consumption Tax' On Households

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Recession Could Originate At The Port Of Los Angeles, Warns Economist, Calling Tariff Decision A 'Misapplied Consumption Tax' On Households

benzinga.com/25/05/45254241/recession-could-originate-at-the-port-of-los-angeles-warns-economist-calling-tariff-decision-a-misapplied-consump

In a recent note, RSM chief economist Joseph Brusuelas has warned of a potential tariff-induced recession, which could begin on the coast, leading to increased inflation and unemployment.
What Happened: Brusuelas expressed concern that inconsistent tariff policies could set off a…

This story appeared on benzinga.com, 2025-05-07 14:00:02.