Tariffs imposed by Trump are causing concern among Republicans, who fear they could trigger a recession and negatively impact corporate profits and supply chains. These tariffs could lead to a 'bloodbath' in the midterm elections.
Trump faces a legal fight supported by Freshfields, and is extending the deadline for a TikTok deal in the US.
The headline discusses the potential endangerment of America's 'exorbitant privilege,' referring to its economic advantages.