US economy to experience recession by year-end..!?
The impact of the new tariffs announced by President donald trump will cause a recession in the economy by the end of the year, international financial research institute J.P. Morgan has predicted. President trump has imposed tariffs on imports of goods from 60 countries, including india, claiming to resolve the trade imbalance caused by other countries imposing high tariffs on American goods. Of these, indian goods have been subject to a 27 percent tariff. Countries that export to the US have been severely affected by Trump's tariffs. This has caused stock markets to fall worldwide. In this situation, J.P. Morgan has predicted that "the impact of the new tariffs will cause a recession in the economy by the end of the year."
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The impact of the new tariffs announced by President donald trump will cause a recession in the economy by the end of the year, international financial research institute J.P. Morgan has predicted. President trump has imposed tariffs on imports of goods from 60 countries, including india, claiming to resolve the trade imbalance caused by other countries imposing high tariffs on American goods. Of these, indian goods have been subject to a 27 percent tariff. Countries that export to the US have been severely affected by Trump's tariffs. This has caused stock markets to fall worldwide. In this situation, J.P. Morgan has predicted that "the impact of the new tariffs will cause a recession in the economy by the end of the year."
