JPMorgan suggested that the chance of a recession substantially increased due to President Donald Trump's tariff announcement this week, according to a copy of a report provided to Fox News Digital on Friday.
The report, headlined "There will be blood" and dated April 3, warns, "these policies, if sustained, would likely push the US and possibly global economy into recession this year. An update of our probability scenario tree makes this point, raising the risk of a recession this year...
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