Upcoming recession caused by Trump actions, That will depress the GDP of all countries
The potential upcoming recession linked to President Trump’s actions, particularly his recent tariffs, is a concern that could impact not just the U.S. but also global economies.
Tariffs and Economic Impact:
President Trump’s announcement of sweeping tariffs has raised concerns about a potential recession. These tariffs include a flat 10% tax on all imports and additional “reciprocal” tariffs on many countries, which could lead to higher inflation and slower economic growth.
The tariffs are seen as a major disruptor to business confidence and economic stability, with many CEOs and economists predicting a recession in 2025.
Global Impact:
The impact of these tariffs is not limited to the U.S. but could depress the GDP of all countries, including India, as global trade is interconnected.
The trade policies have sparked fears of a global economic downturn, affecting markets worldwide.
Forecasts and Predictions:
Goldman Sachs has increased its recession forecast to 45% within the next year, citing tightening financial conditions and policy uncertainty.
JPMorgan Chase has also raised its recession probability to 60% and predicts a recession by the end of 2025, with potential job losses and GDP contraction.
Market and Business Reactions:
The announcement has led to significant market volatility, with global stocks and U.S. futures experiencing declines.
CEOs and CFOs are expressing concerns about the economic instability caused by these policies, with many scaling back expansion plans.
The recent tariffs imposed by the Trump administration have heightened fears of a recession, both in the U.S. and globally. The economic impact is expected to be widespread, affecting not just the U.S. but also other countries due to the interconnected nature of international trade. While the Trump administration defends these policies as necessary for long-term economic benefits, many economists and business leaders are warning of immediate negative consequences.
