Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.

When President Donald Trump revealed his “liberation day” tariffs in April, Trey Yates rushed out and bought a pair of $140 ASICS GT-2000 13 sneakers, along with three new shirts.  “I knew I needed to get my purchases out of the way to replace some worn clothes and shoes ASAP” before the tariffs went into effect,

"I may not want to go higher, or I may not want to even go up to that level — I may want to go to less, because you want people to buy, and at a certain point, people aren't goi