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Tariffs are fueling fears of a recession. What does it take to actually declare one?

Employees in the trading room of Nordea Markets in Oslo follow sharp stock market declines in early April. The Trump administration's tariffs are fueling concerns about the prospect of a recession, in the U.S. and globally. (AFP via Getty Images)
Employees in the trading room of Nordea Markets in Oslo follow sharp stock market declines in early April. The Trump administration's tariffs are fueling concerns about the prospect of a recession, in the U.S. and globally. (AFP via Getty Images)

This article was originally published on April 07, 2025.

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