JPMorgan warns that President Trump's aggressive new tariffs on trading partners may cause a U.S. recession by the end of 2025, leading to rising inflation and job losses.
Global equities and cryptocurrencies are experiencing significant fluctuations and decline as a result of the trade war.
Analysts suggest considering safe investments like gold and bitcoin due to the expected economic instability.
JPMorgan predicts a decline in the U.S. economy by 2025 and warns of potential recession and rising unemployment caused by increased tariffs.