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Trump tariffs may push US into recession: JP Morgan

April 5, 2025, 11:19 AM - 3 min read

J.P. Morgan has predicted a recession in the United States by year-end, attributing the forecast to fresh tariffs imposed by President Donald Trump. The move, aimed at rebalancing trade, has drawn concern from the Federal Reserve and prompted mixed reactions about its impact on key trading partners such as India.

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