Nonilex<p>Acc/to Olu Sonola, an economist at Fitch Ratings, the average <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a> rate on all imports will be ~22%, a rate last seen around 1910 [you, know what led up to the <a href="https://masto.ai/tags/GreatDepression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GreatDepression</span></a>]. “This is a game changer, not only for the US economy but for the global <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a>,” Sonola said in a statement. “Many countries will likely end up in a <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a>.”</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/RevengePolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RevengePolitics</span></a> <a href="https://masto.ai/tags/PerceivedEnemies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PerceivedEnemies</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>