El-Erian says U.S. recession risks are now 'uncomfortably high'

In the longer term, the US economy may be the main loser, but Donald Trump's actions are now also hurting emerging currencies.

El-Erian says U.S. recession risks are now 'uncomfortably high'

"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.

El-Erian says U.S. recession risks are now ‘uncomfortably high’

President Donald Trump's extensive raft of import tariffs are putting the U.S. economy at risk of recession, Allianz's Chief Economic Advisor Mohamed … Source

Mohamed El-Erian says Trump tariffs risk US recession

Mohamed Aly El-Erian, chief economic advisor for Allianz SE.  Bloomberg | Getty Images President Donald Trump’s extensive raft of import tariffs are putting the U.S. economy at risk of recession, Allianz’s Chief Economic Advisor Mohamed El-Erian warned on Friday. He added that Trump’s swathe of so-called reciprocal tariffs could have a significant effect on the global economy. “You’ve had a major repricing of growth prospects, with a recession …