JPMorgan estimates that the tariffs will impose a financial burden of approximately £540.86 billion ($700 billion) on U.S.
President 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 ...
“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 ...