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JPMorgan Says Trump’s Tariffs to Send US Into Recession

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By Matthew Boesler

April 4, 2025 at 9:09 PM UTC

Updated on

April 4, 2025 at 11:21 PM UTC

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JPMorgan Chase & Co. said it expects the US economy to fall into a recession this year after accounting for the likely impact of tariffs announced this week by the Trump administration.