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The Latest Breaking News from Recession

Jamie Dimon concerned Trump tariffs will leave the U.S. out in the cold

Jamie Dimon's annual letter to shareholders warned that Trump's tariffs may push America's former allies to rely more heavily on nations like China and Russia.

Fortune

US' Chances of Recession Inch Dangerously Close to 50 Percent As Trump Backs Sweeping Tariff Play

Goldman Sachs placed the chances of a recession at 45% as the impact of Trump's tariffs continue to roil markets

Latin Times

The ultimate MAGA loyalty test

Self-preservation may start to look a little different to Republicans if the country is mired in a recession

Salon

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Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss

Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too long

The Guardian - UK

Wall Street sinks into bear market as Trump tariffs spark global rout

Wall Street eyes bear market territory as Trump’s tariffs triggered a global selloff. The S&P 500 is projected to drop over 20% from February highs, fuelling recession fears among experts.

Euronews

Oil prices plummet as fears of global recession rise

OIL prices have dropped further as Donald Trump signalled he would push ahead with sweeping global tariffs, saying “you have to take medicine”…

The National (Scotland)

European markets slump as Trump says ‘you have to take medicine’

US president tells reporters foreign governments will have to pay ‘a lot of money’ to lift levies

The Guardian - UK

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Indian Stock Market Losses ₹20.16 lakh crore as Trump tariff panic grips investors

Indian stocks plunged Monday, with the Sensex dropping 5.2% (3,940 points) as global markets reeled from new U.S. tariffs and recession worries. Read more at Dynamite News.

Dynamite News

Equities Savaged As China Retaliation To Trump Tariffs Fans Trade War

Asian markets collapsed Monday after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession.

International Business Times

Markets brace for another volatile week as Trump’s most punitive tariffs kick in

Analysts warn of possible recessions in the UK, US and EU while world leaders weigh up retaliatory action

The Guardian - UK

Americans braced for era of uncertainty as Trump doubles down on tariffs

Recession fears are mounting, and anxiety is high – but the president remains unmoved by criticism of his trade plans

The Guardian - US

JPMorgan: Trump's Tariffs Are the Largest Tax Hike Since 1968 and Could Tip the World Into Recession

JPMorgan estimates that the tariffs will impose a financial burden of approximately £540.86 billion ($700 billion) on U.S. consumers.

International Business Times UK

Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession

Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plunge

The Guardian - US

Trump’s ‘liberation day’ could mean recession in the US and pain worldwide

The US president’s tariffs are vengeful and impetuous – and will have immense costs with no clear goal

The Guardian - US

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The National (Scotland)

Labour risking 'Reeves Recession' with National Insurance hike amid Trump tariffs

Labour are risking a “Reeves Recession” if they fail to reverse the National Insurance hike amid Donald Trump’s tariffs, the SNP have said ...

The Independent UK

Ted Cruz admits if Trump’s tariff gamble backfires, it could cost Republicans politically

Senator said he supported president but worries any recession could cause 2026 ‘bloodbath’ for Republicans at the ballot box

International Business Times

Trump's Tariff Big Bang Puts Global Economy Under Threat

It took just one 50-minute speech by US President Donald Trump to undermine global economic stability and raise the prospect of a recession, with China's countermeasures only amplifying the risk of a debilitating tit-for-tat trade war.

The Guardian - UK

China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off

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The Independent UK

Trump tariffs: Will there be a stock market crash?

Stock markets across the globe are dropping following Trump’s ‘Liberation Day’

The Independent UK

JPMorgan now predicts a 60 percent chance of a recession this year as Trump’s tariffs rock stock market

The Dow Jones fell 1,000 points at opening on Friday as investors reels from Trump’s tariff announcement

Fortune

Trump is a drunk driver taking the economy off the cliff into a needless recession—as we warned

With Trump enacting tariffs in the most uncertainty-inducing way possible, businesses are paralyzed—with devastating repercussions.

The Guardian - UK

China retaliates against Trump in trade war with 34% tariffs on US imports

Fears of global recession rise as stock markets continue to fall after China responds to US president’s ‘bullying practice’

Fortune

‘There will be blood’: JPMorgan raises recession risk to 60% as global stock market sell off continues

Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.

Fortune

Analysts unanimously denounce Trump’s liberation day tariffs: ‘Worse than the worst case’

Analysts at Wedbush Securities and Goldman Sachs as well as top economist Larry Summers predicted much economic pain ahead.

Fortune

Global recession on the cards

Also: Stocks suffered their biggest one-day drop since 2020, JPMorgan says “There will be blood.”

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