The US now suffers from these 5 dead giveaways of an emerging-market economy in trouble, former IMF official says — ‘It pains me to say it’

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Quick Summary:

"Worse, by dint of its size, America’s actions have a much greater impact on the world economy than those of any run-of-the-mill emerging market".

The White House didn't immediately respond to a request for comment on Lachman's claims that the US is resembling an emerging market in trouble.

Dartmouth College economist Douglas Irwin has warned that the reciprocal tariffs in particular "would fill the swamp, not drain it," as lobbying pressure for exemptions to potentially millions of individual rates would be enormous.