US EditionTariffs unlikely to cause recession
- President Donald Trump imposed new tariffs, prompting fears of retaliatory tariffs from China, as global markets reacted negatively with stocks and oil prices falling on Thursday.
- U.S. Treasury Secretary Scott Bessent stated that over 75 countries wanted to discuss trade negotiations, while President Trump expressed hope for a trade deal with China.
- Goldman Sachs estimates a 45% probability of recession due to ongoing trade tensions among major U.S. Trading partners, despite recent tariff pauses announced by Trump.
- European Commission President Ursula von der Leyen noted that the EU would pause its counter-tariffs to allow for negotiations, warning that they could be reinstated if talks were unsatisfactory.
24 Articles
24 Articles
US Economists Say Recession Risk Is Still High After Trump Pivot
Wall Street economists maintained their forecasts for a sharp slowdown in US economic growth and warned recession risk is still elevated despite the Trump administration’s decision this week to delay major tariffs on a wide range of trading partners.
Ray Dalio says a recession is likely—but not a normal one: 'We are changing the monetary order'
President Donald Trump announced a 90-day grace period for some tariffs after a sell-off in the bond market. But investors are still dumping bonds and the 10-year Treasury yield is leaping, fueling doubts over the asset’s long-held safe haven status. President Donald Trump pressing pause on his sweeping reciprocal tariffs that sent stocks spiraling and ensued chaos in the bond market doesn’t appear to be much of a comfort for some. Ray Dalio, Br…
Coverage Details
Bias Distribution
- 44% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
