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"We'll see blood" The Trump recession is growing, with estimates of "40% iPhone prices rising" in the US
MSN -
06/04
The Trump shock is rapidly deterring the future of the economy. As the risk of the global economy going to a recession this year has risen to 60%, a flat 10% tax rate for all countries and regions of the "mutual tariffs" was invoked on the 5th. Trump tariffs amount to a major tax increase. "60% recession risk" is the US University entitled "There will be blood."
The Trump shock is rapidly deterring the future of the economy. As the risk of the global economy going to a recession this year has risen to 60%, a flat 10% tax rate for all countries and regions of the "mutual tariffs" was invoked on the 5th.
Trump tariffs amount to a major increase
The "60% recession risk" was shown in a report by JPMorgan Chase, a major American financial institution entitled "There will be blood." He pointed out that the series of tariff measures put forward by the Trump administration would amount to a massive tax hike on households and businesses in the United States, and analyzed that it is likely to be amplified by retaliation measures, supply chain disruptions, and corporate economic downturns, and ... [Short citation of 8% of the original article]
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