The U.S. will 'absolutely' have a recession in 2025 if high tariffs stay, Apollo's Slok says

There’s only one way the U.S. avoids a recession

The U.S. is probably not in a recession, but it’s looking inevitable unless there’s a dramatic shift from the White House on trade.

Recession ‘absolutely’ will happen if Trump’s tariffs remain, financial expert says

‘We will have bankruptcies of retailers of very significant magnitudes if this is allowed to continue,’ Torsten Slok says

The U.S. will 'absolutely' have a recession in 2025 if high tariffs stay, Apollo's Slok says

Torsten Slok, chief economist at Apollo Global Management, is certain the U.S. will fall into a recession this year if tariffs stay where they are.

Trump needs to start talking about the bullish policy too: Berman

Torsten Slok, chief economist of Apollo Group, put out a report on the weekend suggesting a 90 per cent chance of a tariff-induced U.S. recession.

Why a top economist thinks the odds of a tariff-fueled recession have climbed to 90%

Robert Alexander / GettyThe risk of a recession this year has spiked to 90%, according to Apollo's Torsten Sløk.That's because tariffs could result in a big blow to small businesses, a major pillar of the economy.Trump's current tariffs could end up impacting 4 percentage points of GDP, Sløk estimated in a note.There's a simple reason tariffs have made a US recession highly likely, according to Apollo Global Management's top economist.That's bec…