Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

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1. Goldman Sachs’ analysis highlights the potential economic consequences of Trump’s tariffs, suggesting that they could lead to increased inflation, reduced growth, and heightened risks of recession. Tariffs often result in higher costs for consumers and businesses, which can dampen spending and investment. Additionally, the uncertainty around trade policies may lead to less business confidence and investment, further slowing economic growth. Balancing trade policies to protect industries while avoiding negative impacts on the economy is crucial. It will be interesting to see how policymakers respond to these challenges and what measures they implement to mitigate such risks.

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