News-News.Zip

News in English (USA) / 05.04.2025 / 11:00

Concerns Grow Over Potential U.S. Recession Amid Trump’s Tariffs

Global brokerage firms are increasingly alarmed as the odds of a U.S. recession rise, with J.P. Morgan raising the likelihood to 60%. Experts warn that the impact of Trump’s tariffs could lead to a significant downturn in the economy, predicting inflated prices, job losses, and a shrinking GDP. Market analysts express fears of a stock market collapse as tariffs sow turmoil and escalate trade wars. Goldman Sachs has also increased its recession probability to 35%, signaling widespread concern over the potential economic fallout from these policies. As speculation mounts about a self-inflicted recession, investors brace for further fallout from the ongoing tariff dispute.
Reuters, CNN, Bloomberg.com, United States Trade Representative (.gov), PBS, The Boston Globe, Daily Mail, WSJ, The Hill, "Barrons"