Odaily Planet News: Ark Invest founder and CEO Cathie Wood warned that Trump's new tariffs could push the U.S. economy into recession. When discussing the uncertainty brought by these measures, Cathie Wood said: "The market is in considerable turmoil." She warned that these policies might cause the United States to fall into a recession. She said: "We know how he calculates reciprocal tariffs, but this seems to make little sense." Wood added: "We are at the center of the storm. However, if Trump cares about his political legacy - we know he does - or cares about the midterm election campaign season starting this coming fall, then the final period of this rolling recession will give him and the Federal Reserve more freedom to adjust policies." (Thestreet)