#TRUMPTARRIFS
🛑 Experts Warn: US Could Face Recession in 2025 if Trump-China Tariffs Stay
The ongoing trade war between the U.S. and China is raising serious concerns, and experts now say a recession in 2025 is likely if tariffs remain.
The Chief Economist at Apollo Global Management recently warned that the U.S. economy could take a major hit due to these tariffs. According to him, America is at high risk of a slowdown if the trade conflict continues.
Under President Trump, the U.S. imposed a steep 145% tariff on Chinese imports. While there’s been a 90-day delay on some of China’s retaliatory tariffs, there’s been no progress on resolving the dispute.
Economist Torsten Slok warned that if the tariffs stay in place:
U.S. GDP could fall by 4%
There’s a 90% chance of a recession lasting at least two quarters
Apollo’s latest report predicts that a U.S. recession could hit by summer 2025.
