US already reaping the whirlwind of administration's ill-judged tariffs

In the mind of the current president of the United States, it seems that all that it takes to revitalize US manufacturing and its economy is to raise tariffs on countries so that they will come for talks on new deals.

Yet, after launching his weaponized tariff attacks on the US' trading partners on Wednesday, what the US leader has reaped are landslide falls in the US markets, a chaotic buying spree sweeping the country, and nationwide protests opposing his policy, along with resolute, prompt retaliatory measures from other countries and warnings from international organizations of an imminent US recession.

The so-called reciprocal tariffs are projected to increase the US inflation rate by 1.5 percentage points, making it more difficult for US economy to avoid a recession and dragging down global growth by at least 1 percentage point this year.