Iranian-American economist Nouriel Roubini, nicknamed “Dr. Doom” for foretelling the 2008 financial crisis, criticized President Donald Trump for backing down in the trade dispute with Chinese President Xi Jinping. Roubini claimed Trump gained little from China, labeling it a win for Xi. He cautioned that further escalation could have dire economic outcomes, with the U.S. facing inflation, supply chain issues, and a possible recession. Roubini suggested these consequences could harm the GOP and Trump's goals for the 2026 elections. He hinted at potential minor Chinese concessions in the future. More details on Benzinga.com.