Investor Steve Eisman warns that failed tariff negotiations could lead to a trade war, jeopardizing the global economy. He pointed out that ongoing tariffs imposed by the Trump administration are the "only real risk" to market stability. If these tariff disputes are not resolved, he foresees a significant probability of recession. While trade deals with nations like the UK and a tentative agreement with China have reduced tensions slightly, Eisman stresses that successful negotiations with the European Union are crucial before the approaching trade-deal deadline.
"The tariffs and the potential for a trade war, I think, is really the only risk to the market right now."
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