Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil

Billionaires And Economists Form Consensus On Recession Hitting America From Tariff Shocks: 10 Things To Know

As President Donald Trump doubles down on his aggressive tariff policies, a growing chorus of economists and business leaders—including JPMorgan Chase CEO Jamie Dimon—are warning that a recession is no longer a distant risk, but a likely outcome. Although he out a 90 pause on most countries, with only a 10 percent tariff still in place, most are still concerned about the economy. He had upped the tariffs on Chinese goods to 145 percent to which …

Trump's tariff policies spark recession talks. Can Illinois survive one?

Is a recession on the horizon?Banking giant JPMorgan increased its odds last week that the U.S. will enter a recession this year from 40% to 60%. Financial firms like Goldman Sachs and research firm Moody’s Analytics also recently predicted the probability of a recession in 2025 at 35% and 40%, respectively — citing a number of reasons such as an emerging trade war, massive federal employment cuts and higher inflation risks.President Donald Trum…

'Art of the Deal' raises the curtain for U.S. recession

Coercion, pressure and threats will only raise the curtain for a U.S. recession.

March data from the US Treasury show that customs revenues have risen by a third, to 8 billion dollars, but the federal deficit...

The other casualty of Trump - BusinessWorld Online

After about a week of debating how US President Donald Trump violated trade rules and economic common sense, and this is now becoming more apparent, the world now realizes, as Trump must have designed it, we all might have to either grin and bear it or fight it off. It’s humanly impossible to drill sense into the man. JP Morgan CEO Jamie Dimon could not have been clearer about his warning that Trump’s tariff policy is likely to raise prices, dri…

The German economy is already struggling with a slump. Now the US President's trade policy is still hitting the bank. However, experts also see home-made problems.