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Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.
JPMorgan's chief global economist warned that Donald Trump's aggressive tariff plan increased the risk of the country falling into a recession.
The note to investors, from JPMorgan chief economist Bruce Kasman, was titled “There Will Be Blood.” “The effect of this tax hike is likely to be magnified—through retaliation, a slide in ...
A day after issuing a scathing assessment of President Donald Trump's key economic agenda, JPMorgan’s top economist raised estimates the odds of a global recession at 60%.Analysts at JPMorgan Chase ...
JPMorgan has raised its forecast for global recession in the wake of Trump tariffs, which have been met with retaliations and ...
JPMorgan's chief global economist has issued a stark warning about the potential consequences of President Donald Trump's aggressive tariff policy, predicting that "There will be blood." ...
JPMorgan warned of an increased recession risk due to President Donald Trump's tariff policies, while Peter Schiff thinks the U.S. has been in recession for a while.
JPMorgan estimates that the tariffs will impose a financial burden of approximately £540.86 billion ($700 billion) on U.S.
JPMorgan’s economics team has just raised ... In a note entitled, “there will be blood,” chief economist Bruce Kasman and his team said this year’s 22-percentage tariff increase amounts ...
That’s the simple conclusion reached by the top economic minds at JPMorgan. In a research report published on Thursday titled “There will be Blood”, the Wall Street investment bank argued ...