{
Peter Ricchiuti

People

}
001122334455554433221100
001122334455554433221100

trump tariffs raise recession fears as inflation and consumer spending decline

Donald Trump's newly announced tariffs, including a 10% baseline on all U.S. imports and higher rates on specific countries, could push the U.S. economy towards recession by increasing inflation and reducing consumer spending, according to JP Morgan's chief economist. The tariffs are projected to generate $400 billion in revenue but may lead to a significant contraction in real disposable income and consumer spending in the coming quarters. Global leaders are preparing retaliatory measures, raising concerns about widespread economic repercussions.
Newsweek
Euro United States Dollar UWS JP Morgan EM A OSB European Union Bonds JPN USA Olu Sonola Donald Trump Michael Feroli Ursula von der Leyen Peter Ricchiuti Show more
Finance & Economy, News Article
09:55 03.04.2025
Trending
Subcategory
Corporate News Stock Market Updates Industry Trends Finance Mergers & Acquisitions Industry Mergers & Acquisitions Retail and Consumer Goods Financial Scams and Security Market Analysis and Predictions Global Financial Events Global Trade Developments Banking Regulations AI Innovations CEO Changes Hedge Funds & Private Equity Supply Chain Management Startups & Entrepreneurship Funding Rounds & Investments Central Bank Actions Workplace Trends Energy Sector Developments
Countries:
USA CHN IND GBR CHE CAN ARE TWN DEU JPN SGP FRA THA ITA SAU VNM HKG KOR NLD BRA
Companies:
Barclays PLC NVIDIA Corporation JPMorgan Chase & Co. Tesla, Inc. Morgan Stanley The Goldman Sachs Group, Inc. Capital One Financial Corporation Wells Fargo & Company Apple Inc. Bank of America Corporation Huawei Technologies CO. Ltd. Netflix, Inc. Tesmec S.p.A. Deutsche Bank RV Global PP Citigroup Inc. UBS Group AG The Charles Schwab Corporation HSBC Holdings plc Google Inc. Microsoft Corporation
Currencies:
United States Dollar Euro Indian Rupee Chinese Yuan Swiss Franc British Pound Sterling United Arab Emirates Dirham Hong Kong Dollar Canadian Dollar Japanese Yen South Korean Won Singapore Dollar Offshore Chinese Yuan Australian Dollar Danish Krone Vietnamese Đồng Brazilian Real Colombian Peso Malaysian Ringgit Swedish Krona
People:
Donald Trump Elon Musk Jerome Powell Dan Ives Joe Biden Paul Triolo Tom O'Malley Jamie Dimon Raja Akram Warren Buffett Jensen Huang Akhil Gupta Mihir Doshi Soha Nashaat Troy L Rohrbaugh Kevin Hassett Patrick Ramsey Giorgio Pradelli Oliver Balmelli Raimo Lenschow

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.