Goldman Sachs Ups Risk Forecast For Recession From 35% to 45%; Trump Unmoved

Goldman Sachs has sharply raised its estimate for the likelihood of a U.S. economic downturn within the next year to 45%, citing tightening financial conditions and growing uncertainty over economic policy. The revised forecast — up from 35% — underscores the potential impact of President Donald Trump’s tariff measures, which have disrupted trade flows and…

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US Tariffs Fallout: Signals of Retaliation, Recession, Rebuke, Restive Recourse Emerge

Global equities extended their sharp decline on Friday after China unveiled a new wave of retaliatory tariffs against the United States, deepening concerns over a full-blown trade war and its economic repercussions. Beijing announced a 34% tariff on a wide range of American goods, prompting another market selloff that capped one of the worst weeks…

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