Jamie Dimon warns Trump's tariffs may trigger inflation and recession while harming long-term US economic alliances, as Wall Street voices growing concern.
Goldman Sachs has increased its U.S. recession forecast to 45% amidst tariff-related economic turmoil, as banks warn of rising unemployment and inflation.
President Trump downplays recession fears while asserting tariffs will boost U.S. economy, despite market volatility and warnings from economic experts.