Turmoil following Trump’s tariffs are sending experts and consumers into a frenzy about a potential recession.

During a typical recession, consumer demand drops, meaning that companies selling products and services lower their prices (or at least not raise them) in order to entice reluctant customers to spend. But Trump’s across-the-board tariffs could potentially drive price increases at the same time they send the country into a recession.

As concerns grow among Americans regarding Trump's tariffs, it's important to know what a recession is and how it will impact you.

Donald Trump has threatened China with an extra 50% tariff on goods imported into the US if it does not withdraw its 34% counter-tariff, as global markets continue to fall. Beijing retaliated on Sunday,

Asian markets opened up on Tuesday after posting significant losses on Monday driven by President Donald Trump's global tariffs campaign, with U.S. futures also rising slightly after a day of turmoil on Wall Street.

U.S. President Donald Trump's tariff 'wrecking ball' swung through financial markets again on Monday, sending investors scuttling for cover and wiping hundreds of billions of dollars more off the value of global stocks.

Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S. Treasury yields rebounded.

President Trump’s renewed push on global tariffs sent Wall Street into a tailspin Monday, sparking major volatility and fueling fears of a looming recession. FOX 5 NY's Linda Schmidt reports from the floor of the New York Stock Exchange.

Traders are bracing for another bumpy week after a day marked by waves of volatility thanks to unpredictable news on President Donald Trump’s tariff plans. US stocks swung violently, wiping out a 4% plunge to rise more than 3% before turning negative again as investors reacted to a swirl of headlines related to trade policies.

The nation’s top trade representative says that President Donald Trump’s sweeping tariffs are already getting results, bringing other countries to the negotiating table to discuss reducing their trade

The president is foreshadowing deals with multiple trading partners in an apparent effort to quell economic anxiety and prove his tariff plan is working.

Despite rattled financial markets, threats of retaliation and some of President Donald Trump’s biggest supporters encouraging him to back off his signature economic policy, he didn’t give in. His administration piled on heaps of new “reciprocal” tariffs Wednesday on dozens of American allies and adversaries alike,

Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,

Plus: The U.S. stock market had a turbulent day after President Trump's newly imposed tariffs went into effect over the weekend.

U.S. President Donald Trump said on Tuesday the United States is taking in $2 billion per day from tariffs. He made the comment without providing details during an event at the White House. Trump has imposed an array of tariffs on other countries since taking office in January.

Delegations from Japan and South Korea are en route. Italy’s prime minister will be in Washington next week. And Israel’s “proactive approach” to seeking out new US trade agreements could serve as a model for everyone,

U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs on almost every nation on earth.

The Supreme Court on Monday lifted an order blocking President Donald Trump ’s administration from deporting Venezuelan migrants under the Alien Enemies Act, a rarely used 18th-century wartime law. In a bitterly divided 5-4 decision,