JP Morgan raises global recession risk to 60% as Trump’s tariffs hit U.S. growth

JPM analysts say Trump’s combined tariff hikes amount to a 22% increase—comparable to the largest U.S. tax rise since 1968. As a result, the bank has raised its estimated risk of a global recession to 60%, up from 40%.

https://www.forexlive.com/news/jp-morgan-raises-global-recession-risk-to-60-as-trumps-tariffs-hit-us-growth-20250403/