Erin Burnett Blasts Tariffs: America Has the Strongest Economy in the World and It ‘Is Now at Risk’

‘I mean, JP Morgan tonight upped their odds of recession’

RUSH EXCERPT:

BURNETT: “Consumer spending before Trump took office was surging up more than 4% the last quarter of last year. All of that, though, is now at risk. I mean, JP Morgan tonight upped their odds of recession. They had from 6 to 60%. it was 40% on Monday. That just goes to show you how unexpected the magnitude of the tariff move by Trump was. That‘s a 50% increase in odds in two days, an unprecedented event. And then there‘s the headlines that we are all now inundated with. Like these Trump tariffs stoke fear of economic spiral of doom. Markets brace for global trade war. Trump mindless tariffs will cause economic havoc. And tonight already news of layoffs.”

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