Even Trump’s allies fear he’s leading America into a recession with his tariffs. Here are some off-ramps

President Donald Trump’s “Liberation Day” last week was more like a Day of Economic Infamy. With the announcement of sweeping new tariffs on friends and foes alike, he certainly made history. 

The open question: Is it all a negotiating ploy? Or does the president really want to isolate the U.S. from the rest of the world, start a trade war, and collapse relationships that have kept the world relatively peaceful since World War II? The announcement certainly accomplished one goal—making news.