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April 4, 2025

Tariff-Driven Recession Risk: CEO Warns 30% of U.S. Families Could Face Bankruptcy

Ross Gerber, the CEO of Gerber Kawasaki, voiced grave concerns regarding President Donald Trump’s tariff policies during a recent interview. He described these policies as “disruptive,” suggesting they could trigger a recession. Gerber highlighted the alarming possibility that up to 30% of U.S. families could be pushed to the brink of bankruptcy due to rising costs and economic instability spawned by these measures. As tariffs don’t discriminate between industries, their wide-ranging effects can create financial strain on households across the nation. The urgent need for economic strategies that buffer American families from these financial shocks was emphasized. Gerber’s insights stress the significance of closely monitoring economic indicators that reflect the overall impact of tariff policies on the nation’s stability.

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