President Donald Trump forecasted the death of the U.S. economy if America were prevented from deploying counter tariffs against other countries. A court battle is underway regarding Trump’s “Liberation Day” tariffs after the U.

Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said.

President Donald Trump has said that if the U.S. is not allowed to implement tariffs, it "doesn't have, even a small chance, of economic survival."