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Goldman Sachs Scraps Recession Warning After Surprise Tariff Delay from Trump
- Goldman Sachs had initially predicted a 65% chance of a recession but later reversed its stance.
- The reversal came after President Trump announced a delay in imposing new tariffs.
- Stocks rose following the announcement, conveying hopes of reduced trade tensions.
- Goldman clarified that the economic impact may align with their prior, non-recessionary expectations.
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