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The Guardian - US
The Guardian - US
World
Guardian staff

Tariffs and a possible recession: updates from week 7 of Trump administration

Donald Trump Elon Musk United States Marco Rubio Recession DOGE JD Vance Ukraine Vladimir Putin Volodymyr Zelenksyy
two men in suits sitting together
Marco Rubio listens as Donald Trump delivers remarks during a cabinet meeting at the White House on 26 February in Washington DC. Photograph: Andrew Harnik/Getty Images

Last week, Donald Trump shook global markets with his back and forth on tariffs, declined to rule out the possibility of a US recession because of his policies, and gave the longest-ever presidential address to Congress.

The Trump administration also cut off intelligence sharing with Ukraine, cut $400m in funds to Columbia University, and two key figures – Elon Musk and Marco Rubio – denied internal fighting after media reports on an angry exchange during the cabinet meeting.

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