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JP Morgan predicts US recession by 2025-end due to Trump tariffs
Credit: IndiaTimes- Published 6 days ago
J P Morgan projects a US recession by the end of 2025, attributing it to President Trump's new reciprocal tariffs. The forecast indicates a potential GDP decline and higher unemployment. Federal Reserve Chair Jerome Powell echoed the concerns, highlighting that tariffs may cause higher inflation and slower growth.
Video credit: Oneindia
Published 4 days ago - 03:03
Breaking: Billions Wiped Out Within Minutes As Europe Share Market Opens After Trump Tariffs Out
European markets are in turmoil as Trump's escalating tariff war sends shockwaves through global economies. Major indices across London, Paris, Frankfurt, and Amsterdam plunged by up to 6%, with defense stocks and industrial giants taking a hit. Despite warnings and retaliatory measures from China, Trump remains defiant, suggesting investors will โhave to take medicine.โ Meanwhile, Wall Street braces for more volatility as global recession risks mount. Has Trump's economic aggression opened the gates to a financial crisis?
#Trump #EuropeCrash #MarketMeltdown #Tariffs #GlobalRecession #StockMarket #WallStreet #FTSE #STOXX600 #FrankfurtCrash #Rheinmetall #TrumpChinaTrade #EconomicCrisis #ECB #InvestorsPanic
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