Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.

JPMorgan's chief global economist warned that Donald Trump's aggressive tariff plan increased the risk of the country falling into a recession.

The note to investors, from JPMorgan chief economist Bruce Kasman, was titled “There Will Be Blood.” “The effect of this tax hike is likely to be magnified—through retaliation, a slide in ...

JPMorgan has raised its forecast for global recession in the wake of Trump tariffs, which have been met with retaliations and ...

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Dan is a senior editor at Raw Story based in Colorado, producing and editing breaking political news. Dan previously worked as a news associate at The Associated Press in Philadelphia, and later ...

These policies, if sustained, would likely push the US and possibly global economy into recession this year," economist Bruce ...

JPMorgan warned of an increased recession risk due to President Donald Trump's tariff policies, while Peter Schiff thinks the ...

JPMorgan’s economics team has just raised ... In a note entitled, “there will be blood,” chief economist Bruce Kasman and his team said this year’s 22-percentage tariff increase amounts ...

That’s the simple conclusion reached by the top economic minds at JPMorgan. In a research report published on Thursday titled “There will be Blood”, the Wall Street investment bank argued ...