POLL OF THE DAY: Do you think the world is on the brink of a global recession?
WATCH: Keir Starmer issued stark warning after 'deeply concerning' Trump tariffs - 'Serious failure!'
GB News members are being asked whether they think the world is on the brink of a global recession
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China has hit back hard against Donald Trump's tariffs, imposing punitive 34 per cent additional tariffs on all goods imported from the US.
The dramatic escalation in trade hostilities between the world's two largest economies has magnified concerns among investors about the risks to global growth.
Beijing's retaliation mirrors the US decision and has exacerbated a sell-off on global stock markets.
Almost $5 trillion has been wiped off the value of global stock markets since Trump's Rose Garden address on Wednesday evening.
The International Monetary Fund warned the escalating trade war was likely to hit global economic growth.
IMF managing director Kristalina Georgieva said the tariffs "clearly represent a significant risk to the global outlook at a time of sluggish growth".
Chancellor Rachel Reeves said ministers would continue to negotiate with Washington, hoping to lift the 10 per cent levy on UK exports.
With this is mind, do you think the world is on the brink of a global recession? Vote in the poll and have your say in the comments below.
