Oil may be a recession indicator — but Trump’s sudden tariff-hike pause makes it harder to read

Impact of Tariff Decisions: President Trump's announcement to pause tariff hikes on most countries while increasing tariffs on China has led to significant fluctuations in oil prices, initially causing losses but ultimately resulting in lower fuel costs for Americans.

Economic Concerns: While the move aims to reduce inflationary pressures through lower oil prices, it has raised concerns about a potential recession.