<ul><li>Goldman Sachs raises 12-month US recession probability to 35% due to anticipated Trump tariffs</li><li>Average US tariff rate expected to rise 15 percentage points in 2025, leading to higher inflation</li><li>Goldman lowers 2025 GDP growth forecast to 1% and increases inflation projection to 3.5%</li><li>Trump plans to announce reciprocal tariffs averaging 15% on April 2, affecting Bitcoin and crypto markets</li></ul>

Goldman Sachs Raises US Recession Risk to 35% as Trump Tariff Plans Expand

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