This economist says there's a 90% chance of a recession. Here's the math.

'Expect ships to sit offshore, orders to be canceled, and well-run generational retailers to file for bankruptcy,' says Torsten Slok. A voluntary trade reset recession doesn't sound very good, and it's not. That what is heading for the U.S. unless tariff policies are swiftly changed, according to Torsten Slok, chief economist at Apollo Global Management.