Economists and analyst warnings are increasing daily on the risk of the US economy as a result of the sweeping duties recently announced by US President Donald Trump.

Goldman Sachs took the “bat” today, who warns that the chances of being diverted into recession by the US over the next 12 months have increased due to political uncertainty, boycott by foreign consumers and the tightest economic conditions.

Bank economists increased the chances of the US economy’s recession to 45% from 35% earlier, noting that the duties announced last Wednesday by the Trump government were tougher than expected and immediately brought back retaliation from China.

It is noted that the investment bank increased for the second time in just two weeks the chances of a recession of the US economy.

Indeed, Goldman Sachs warns that the announcement of new Trump duties may have already caused irreparable damage to the economy, even if the US president finally withdraws his trade policies.

At the same time, the Investment Bank reduced its forecasts for economic growth, citing “the drastic change in financial conditions, boycott by foreign consumers and the ongoing political uncertainty, which may limit capital investment more than we initially assumed.”

However, even in order to achieve these reduced provisions, according to Goldman Sachs, “a significant reduction in duties scheduled to come into force on 9 April would now be required.”

It is recalled that on Monday, JPMorgan’s chief executive Jamie Dimon said the duties would lead to a slowdown in the US economy.

“Whether or not the duty menu causes recession remains in question, but will slow down growth,” he said in his annual letter to the shareholders of the investment bank.