Goldman Sachs Report: Concerns about America’s economy are increasing all over the world. Now Global Investment Bank Goldman Sachs has increased the possibility of recession in America from 35 percent to 45 percent. This is the second consecutive time he has increased this estimate in a single week. It is being told that the reason behind this is the growing trade war between the US and the other countries and the huge tariff imposed by the Trump government.

Possibility of recession all over the world

US President Donald Trump announced a strict tariff on April 2, which has created a stir not only in the US but also the global market. There was a huge decline in the stock markets and after this, one investment banks started fearing a recession. JP Morgan says that the possibility of recession in America and all over the world has reached 60 percent.

Trump’s tariff can not only increase inflation in the US, but countries like China can retaliate, which is a threat to deteriorating. Goldman Sachs has reduced the US’s economic growth rate from 1.5 per cent to 1.3 per cent for 2025. At the same time, JP Morgan’s estimate is more worrying. They believe that in 2025 the US economy can shrink up to 0.3 per cent.

Trade war fire now reached American economy

Now it is an eye on the American Central Bank Federal Reserve (FED). Goldman Sachs hopes that the Fed will start cutting interest rates from June and may have a cut of 25 basis points three times in a row. JP Morgan and Wells Fargo also now believe that interest rates can decrease three to five times in 2025, so that the market can be supported.

In a way, the fire of trade war has now reached the American economy. If this is the case, then financial difficulties for the whole world can increase. Countries like India will have to make a smart strategy in this situation, so that the impact of global slowdown is reduced and new opportunities can be discovered.

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Trump Tariff: American multinational financial service company JP Morgan has feared the recession of America by the end of 2025. The tariff policy of the responsible President Donald Trump can be appointed behind this. Let us know that on April 2, Trump created a panic in the global market by applying reciperook tariff on all the countries of the world. On Thursday, the US stock market declined drastically, which was the biggest decline in a day after 2020.

America’s GDP can be buried under tariff burden

Trump has also imposed a baseline tariff of 10 percent on all countries. Trump has imposed more tariffs on more than 60 countries including India. China has retaliated by putting a tariff of 34 percent on goods imported from America. Many more countries can also come forward.

According to the report of newspaper The Hill, in a note released on Friday, JP Morgan’s Chief US Economist Michael Feroli wrote that America’s GDP can be suppressed under the burden of tariff. He further warned that the unemployment rate is expected to increase by 5.3 percent due to economic recession.

The rate of growth may slow down

Jerome Powell, president of the US Federal Reserve, also expressed concern over this, saying, the tariff can give a much more heavy blow than earlier estimates. Speaking at a business journalism conference on Friday, Powell said, “Uncertainty remains, now the tariff will increase more than expected.” Its economic effects are more likely to include things like much inflation and low growth.

Trump may say that the tariff is aimed at promoting manufacturing in the US, but experts believe that it can cause a global economic recession. It will also have an adverse effect on emerging markets like India.

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