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Edition from 2025-04-04, 5 PM UTC

JP Morgan Predicts 60% Recession Risk … Tariff Turmoil Threatens Economy

JP Morgan analysts warn that Trump's aggressive tariff strategy is pushing the US toward a 60% chance of recession. Global markets are reeling as inflation risks surge and economic uncertainty mounts amid rapid trade disruptions.

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Number 60% - Recession risk predicted by JP Morgan amid tariff turmoil.

Quote “Nobody wins in a trade war” — Robert Reich

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