JPMorgan: Trump's Tariffs Are the Largest Tax Hike Since 1968 and Could Tip the World Into Recession
JPMorgan estimates that the tariffs will impose a financial burden of approximately £540.86 billion ($700 billion) on U.S.
7h
WATE 6 On Your Side on MSNJP Morgan predicts 2025 recession as Trump tariffs rattle marketPresident Trump's tariffs and their fallout will cause the U.S. economy to enter a recession this year, J.P. Morgan predicts.
JPMorgan warned of a recession in the U.S. after disclosing that it now expects real gross domestic product to contract under ...
JPMorgan’s economics team has just raised their recession probability to 60% following the aggressive tariff stance announced ...
The report branded the tariffs as a “functional tax increase” on US household and business purchases of imported goods.
A global recession is more likely to happen than not this year, thanks to Wednesday's tariff broadside from the U.S. That's ...
Explore more
“We now expect real GDP to contract under the weight of the tariffs, and for the full year (4Q/4Q) we now look for real GDP ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results