As President Donald Trump's trade war escalates, with new tariffs announced on 2 April 2025 shaking global markets, Americans have been bracing for higher cost of living and potential job losses.
The S&P 500 has plummeted 9% since its peak last month, and economists warn of a looming recession, with Goldman Sachs pegging the odds at 35%. But not every corner of the US is equally vulnerable.
