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JPMorgan Maintains 60% Recession Call Despite Trump 90-Day Tariff Pause
JPMorgan Chase maintained its forecast of a 60 percent chance of a recession despite President Donald Trump‘s announcement of a 90-day pause on most U.S. “reciprocal” tariffs. That pause does not include China, however, which now faces a whopping 125 percent tariff that Trump imposed after Beijing retaliated earlier with an 84 percent tariff of […]
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