‘Big Short’ investor warns the precarious tariff environment reminds him of WWI—and a trade war would send the U.S. into a recession

fortune.com/2025/06/18/big-short-investor-steve-eisman-trade-war-tariffs-recession

Should failed tariff negotiations lead to a trade war, the global economy is likely headed toward a recession, “The Big Short” investor Steve Eisman told CNBC this week. Eisman said the tariffs were the “only real risk” to the markets and warned the U.S. should be especially concerned…

This story appeared on fortune.com, 2025-06-18 18:18:55.
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