<ul><li>Goldman Sachs Group Inc. economists predict a 65% chance of a US recession in the next 12 months.</li><li>The forecast is based on President Donald Trump's tariffs on US trading partners.</li><li>Goldman Sachs expects a 1% decline in the GDP and a rise in the unemployment rate to 5.7%.</li><li>The severity of the recession would likely be less than previous ones due to strong private sector balance sheets and potential trade deals lowering tariff rates.</li></ul>

Goldman Sachs Sees 65% Chance Of US Recession In Next 12 Months

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