JPMorgan suggested that the likelihood of recession has increased significantly from the president Donald Trump The tariff announcement this week, according to a copy of the report submitted by Fox News Digital Friday.
In the report, the title “There will be blood” and from April 3, it warns: “These politicians are likely to push the US and perhaps the world economy this year. The upgrade our likelihood in this sense causes a risk of recession this year to 60%.”
In a statement at the Fox News Digital on Friday, the White House press -secretary Kush said: “Chicken” expert did not quite perform during the first term of President Trump, and they are not going to come out for a second term when Trump’s president again restores US greatness from Gay Street to Wall Strate. “
China Revenge 34% of US Import tariffs
President Donald Trump performs during the event “Make America Rich” (Chip Somodevilla/Getty Images)
Trump called the day of his tariff announcement as “Liberation Day”.
The stock market was initiated on Thursday after the President announced and again plunged on Friday.
Speaking with Digital on Friday morning, Fox News, Peter Schiff, Chief Economist and Global Strategist of the Euro Pacific Asset Management, described tariffs as “a large -scale tax increase … in the form of higher prices for almost all that buy Americans.”
Firms on Wall -Rate see that the risk of recession increases over tariffs, trading war
Economy and political commentator Peter Schiff. (Eamonn M. McCormack/Getty Images for London Blockchain Conference)
Some Republicans have He supported Trump’s tariff policy and others did not.
The slate said there were people who seek to “cheer” the actions of the president, even the persons who “need to know that this is a clear mistake.” He said that the “guerrilla policy” people refuse to call … mistake. ”
“Trump is right in the fact that trade deficiency is a symptomatic big problem and need to be solved,” the slate said, adding that the question is “not that other countries are cheating”.
What to know about President Trump’s “Liberation Day”
Participants of the Claman Contradown discussion Peter Slying and Scott Sperling solve the impact of federal steps.
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The economy and political commentator, who conducts “Podkost” Peter Schiff, has posted a chance for “almost one hundred percent”.
He said that “We probably had a recession for a while. I think Economic data It was not accurate, but will eventually be revised and reflected that the recession continued for a while.
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2025-04-04 17:27:00
