See every side of every news story
Published loading...Updated

Trump's Tariffs Tip Economy 'Perilously Close' To A Recession, Largest U.S. Bank Warns

  • President Trump announced new tariffs on imports from most countries on Wednesday.
  • Trump declared an economic emergency to justify the tariffs, citing trade imbalances.
  • The tariffs, starting at 10%, could reach 34% for Chinese imports.
  • JPMorgan Chase called the tariffs the 'largest tax hike since 1968'.
  • Analysts warn the tariffs risk recession, higher prices, and disruption to global trade.
Insights by Ground AI
Does this summary seem wrong?

95 Articles

All
Left
18
Center
20
Right
13
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 39% of the sources are Center
39% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Business Insider broke the news in United States on Wednesday, April 2, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.