The U.S. will 'absolutely' have a recession in 2025 if high tariffs stay, Apollo's Slok says

Sarah Min - CNBC - 21/04
The economist expects the odds of an economic downturn are 90% and says GDP will fall 4 percentage points if current tariffs remain in effect.
Torsten Slok, chief economist at Apollo Global Management, is certain the U.S. will fall into a recession this year if tariffs stay where they are. "It's all conditioned on tariffs staying in place at these levels, and if they stay at these levels, we will absolutely have a recession in 2025," Slok told...
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