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JPMorgan analysts say recession risk increased to 60% since Trump announced tariffs: 'There will be blood'

Business Insider Friday, 4 April 2025 ()
JPMorgan's chief global economist warned that Donald Trump's aggressive tariff plan increased the risk of the country falling into a recession.
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News video: Chuck Schumer Leads FIERY Senate Revolt Against Trump’s Tariffs, GOP Budget-“PINCER OF PAIN” for US

Chuck Schumer Leads FIERY Senate Revolt Against Trump’s Tariffs, GOP Budget-“PINCER OF PAIN” for US 03:39

In a fiery press conference, Senate Democrats launched a scathing attack on Donald Trump’s sweeping tariffs and the Republican-backed budget plan, calling it a "pincer of pain" that’s squeezing American families from both sides. Minority Leader Chuck Schumer, along with Senators Ron Wyden and...

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