JP Morgan analysts warn that the risk of a global recession has surged following President Donald Trump’s announcement of new tariffs. Their recent update took the recession risk from 40% to a stark 60%, indicating significant economic concerns. Analysts expressed that these tariffs could undermine economic stability and have widespread repercussions for global markets. With potential disruptions looming on the horizon, investors are urged to reassess their strategies regarding portfolio allocations. The cascading effects of tariff policies may ripple through various sectors, influencing economic performance in multiple regions. It is essential for stakeholders to stay informed as market dynamics evolve in response to these alarming developments.