Trump's tariffs — if sustained — likely to push the U.S. and globe into recession, says JPMorgan
- Posted on April 3, 2025
- By CNBC
- 1 Views
Trump's tariffs — if sustained — likely to push the U.S. and globe into recession, says JPMorgan
If implemented, the trade policy will raise the effective U.S. tariff rate to 25%, hurting the U.S. growth and inflation outlook, according to JPMorgan.
