Goldman Sachs: The likelihood of a recession in the US has increased

Economic Reporter quoted by Rashatodi, US Bank Style = “Background-Color: #FFFFFF”> Sachs US reported that the possibility of recession in the country due to US President Donald Trump’s actions has increased significantly.

The bank reports that the tariff war with Trump has led to a recession in the country to increase the likelihood of an increase in inflation and unemployment in the United States.

Trump is expected to formally apply many goods to the US tomorrow.

Trump has earlier announced that tomorrow all passenger cars and light trucks from all countries to the United States will include a 5 % customs tariff since tomorrow.

Goldman Sachs has announced that increased tariffs will exacerbate crisis for American citizens.

These measures are expected to increase inflation and unemployment while also decreasing US economic growth.