May 2nd, according to the Financial Times, former US Treasury Secretary Yellen warned that Trump’s tariffs would have a “huge detrimental” impact on the US economy as they “hindered” companies reliant on key mineral supplies from China. Trump’s broad taxation of trading partners could push the US into a recession. “(Tariff strategy) will have an extremely detrimental effect on the US, on consumers, and on companies that rely on imported raw materials for competitiveness. About 40% of the goods imported by the US are used as raw materials for domestic production. I’m not ready to say I predict a recession, but it is certain that this possibility has greatly increased.” (Krypton)