In a stark warning about the potential threats to the economy, JPMorgan’s Jamie Dimon recently raised the probability of a recession to 60%. This change comes directly in response to the aggressive tariff policies announced by President Trump.

The JPMorgan economics team highlights how these tariffs could ignite broader economic repercussions. Businesses and investors alike should remain vigilant as we assess potential impacts on both domestic and global markets.

This forecast has essential implications for planning and decision-making in the finance community, emphasizing the need for cautious optimism during uncertain times.