JPMorgan raises 'recession' chances to 60% amid Trump tariffs

US financial giant JP Morgan has raised the probability of a recession in the US and global economy in 2025 from 40% to 60%, citing the economic chaos caused by the Trump administration's tariff policies. Reuters reported on the 5th.

JP Morgan noted that "disruptive US policies" are perceived as the biggest risk to the global economic outlook for 2025. It believes that the impact is likely to be amplified through retaliation against tariffs, worsening business sentiment, and supply chain disruptions.

On the 2nd, the Trump administration announced a policy to impose a uniform 10% tariff on US imports from all countries. The measure will take effect on the 5th, and "imposed tariffs" on dozens of other countries will be imposed...