If US President Donald Trump maintains his duties announced, his unprecedented commercial policies will cause most likely recession both of her American as well as her world economy the 2025JPMORGAN analysts said in their note to investors.

As CNN reports, this is not shocking and before Trump’s announcements, JPMorgan analysts gave the US economy 40% chances to entered a recession.

Jpmorgan noted that duties will increase their US taxes by $ 660 billion per year, The largest increase they have seen in recent years, by difference.

Will also cause pricingadding 2% to the consumer price index, one measure of inflation in the US.

“The impact on inflation will be important‘, Analysts point out, noting that “We consider the complete implementation of these policies as an important macroeconomic shock.”

The shock will worsen by the fall of consumer and climate and by any retaliation They will be imposed on America, as countries, like the EU, are considering possible duties in the US.

“We emphasize that if these policies are maintained, they will probably push the American and global economy into recession this year,” Analysts emphasized.