'There Will Be Blood': JPMorgan Hikes Odds of Trump-Triggered Recession to 60%

Common Dreams - April 4, 2025

'There Will Be Blood': JPMorgan Hikes Odds of Trump-Triggered Recession to 60%

Alarm over U.S. President Donald Trump's tariffs continues to grow, with stocks plummeting and JPMorgan warning that "the risk of recession in the global economy this year is raised to 60%, up from 40%." After China announced new 34% tariffs on all American …

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