• About Us
  • Contact
  • Privacy Policy
  • LIVE TV
Saturday, September 27, 2025
Unitedpac St Lucia News - Header Logo
  • St Lucia News
  • All News
    • All
    • Agriculture
    • Caribbean News
    • Crime
    • Education
    • Justice
    • Local News
    • Obituary
    • Religion
    • Weather Alerts
    Commissioner Verne Garde addresses the media as a St Lucia senior police officer cleared of sexual misconduct allegations.

    St Lucia senior police officer cleared of sexual misconduct

    K9 Officer Tyson lies in a casket during his funeral in St Lucia after rat bait poisoning in K9 Tyson was dismissed as cause of death.

    Rat bait poisoning in K9 Tyson dismissed after toxicology review

    Lisa Jawahir speaking in interview — Lisa Jawahir student loan scandal.

    Lisa Jawahir student loan scandal rocks SLP candidate

    Mugshot of Yannick ‘Tiny’ Gustave, the St Lucian fugitive extradited to Martinique on robbery charges

    St Lucian fugitive extradited to Martinique

    Stock image of assault rifles, ammunition and narcotics representing Vieux-Fort police raid in St Lucia

    Vieux-Fort police raid uncovers assault rifle, pistol and drugs

    Gregory Felix, victim of the Bexon shooting, photographed as a farmer before his death.

    Bexon shooting: second victim dies in deadly attack

    Trending Tags

    • Government of Saint Lucia
    • St Lucia Crime News
  • World
  • Politics
  • Business
  • Entertainment
    • All
    • Saint Lucia Events
    • Sports
    • Video News
    Julien Alfred road to Tokyo captured in focus as she prepares on the track wearing headphones and training gear.

    Julien Alfred road to Tokyo: From dark struggles to Olympic glory

    Tony Paul at Rev-Up SLU 97.1 FM studio, veteran St Lucia broadcaster

    Tony Paul, veteran St Lucia broadcaster, dies

    “Julien Alfred Diamond League victory in Zurich as the St Lucian Olympic champion powers to win the women’s 100m in 10.76 seconds.

    Julien Alfred Diamond League victory in Zurich 100m

    Melissa Jefferson-Wooden Diamond League 100m win in Brussels 2025 crossing finish line

    Melissa Jefferson-Wooden Diamond League 100m win Brussels

    Allen Chastanet addresses the nation on the St Lucia crime crisis with police lights in the background.

    St Lucia crime crisis: Chastanet slams Pierre over deadly surge

    Jason Holder hits the winning shot in thrilling West Indies T20 victory over Pakistan in Florida

    Jason Holder Heroics End West Indies T20 Losing Streak

    Trending Tags

    • Julien Alfred
    • West Indies Cricket
    • St Lucia athletics
  • Lifestyle
    • All
    • Culture
    • Health
    • Travel
    Large white cruise ship sailing in the Caribbean Sea near a rocky shoreline, illustrating concerns over Caribbean cruise ship revenue.

    Caribbean cruise ship revenue lags globally, World Bank warns

    Janelle Hopkin and Lady Betty Hopkin celebrate AAA Five Diamond Award with Spice Island Beach Resort team in Grenada

    AAA Five Diamond honor awarded to Spice Island Beach Resort for 9th year

    Beth Hatt of Aquila Center for Cruise Excellence with Randy Durband of GSTC promoting sustainable cruise tourism partnership at Seatrade Cruise Global 2025.

    Sustainable cruise tourism: GSTC, Aquila form partnership

    Carole Alexis, Ronella Croes, and Clarisa Jiménez honored at CMEx 2025 Leadership Awards for Caribbean tourism excellence.

    CMEx 2025 Leadership Awards expand honoree lineup

    Sharon Banfield-Bovell of the CTO speaking on the importance of the CTO Regional Tourism Youth Congress at SOTIC 2025 in Barbados.

    CTO Regional Tourism Youth Congress returns at SOTIC 2025 in Barbados

    A Carnival Cruise Line ship sailing the Caribbean, as Carnival cuts Costa Maya visits in 2026 and boosts Mahogany Bay itineraries.

    Carnival cuts Costa Maya visits, shifts to Mahogany Bay in 2026

    Trending Tags

    • OKEU Hospital
  • Tech
  • Commentary
  • Press Releases
No Result
View All Result
  • St Lucia News
  • All News
    • All
    • Agriculture
    • Caribbean News
    • Crime
    • Education
    • Justice
    • Local News
    • Obituary
    • Religion
    • Weather Alerts
    Commissioner Verne Garde addresses the media as a St Lucia senior police officer cleared of sexual misconduct allegations.

    St Lucia senior police officer cleared of sexual misconduct

    K9 Officer Tyson lies in a casket during his funeral in St Lucia after rat bait poisoning in K9 Tyson was dismissed as cause of death.

    Rat bait poisoning in K9 Tyson dismissed after toxicology review

    Lisa Jawahir speaking in interview — Lisa Jawahir student loan scandal.

    Lisa Jawahir student loan scandal rocks SLP candidate

    Mugshot of Yannick ‘Tiny’ Gustave, the St Lucian fugitive extradited to Martinique on robbery charges

    St Lucian fugitive extradited to Martinique

    Stock image of assault rifles, ammunition and narcotics representing Vieux-Fort police raid in St Lucia

    Vieux-Fort police raid uncovers assault rifle, pistol and drugs

    Gregory Felix, victim of the Bexon shooting, photographed as a farmer before his death.

    Bexon shooting: second victim dies in deadly attack

    Trending Tags

    • Government of Saint Lucia
    • St Lucia Crime News
  • World
  • Politics
  • Business
  • Entertainment
    • All
    • Saint Lucia Events
    • Sports
    • Video News
    Julien Alfred road to Tokyo captured in focus as she prepares on the track wearing headphones and training gear.

    Julien Alfred road to Tokyo: From dark struggles to Olympic glory

    Tony Paul at Rev-Up SLU 97.1 FM studio, veteran St Lucia broadcaster

    Tony Paul, veteran St Lucia broadcaster, dies

    “Julien Alfred Diamond League victory in Zurich as the St Lucian Olympic champion powers to win the women’s 100m in 10.76 seconds.

    Julien Alfred Diamond League victory in Zurich 100m

    Melissa Jefferson-Wooden Diamond League 100m win in Brussels 2025 crossing finish line

    Melissa Jefferson-Wooden Diamond League 100m win Brussels

    Allen Chastanet addresses the nation on the St Lucia crime crisis with police lights in the background.

    St Lucia crime crisis: Chastanet slams Pierre over deadly surge

    Jason Holder hits the winning shot in thrilling West Indies T20 victory over Pakistan in Florida

    Jason Holder Heroics End West Indies T20 Losing Streak

    Trending Tags

    • Julien Alfred
    • West Indies Cricket
    • St Lucia athletics
  • Lifestyle
    • All
    • Culture
    • Health
    • Travel
    Large white cruise ship sailing in the Caribbean Sea near a rocky shoreline, illustrating concerns over Caribbean cruise ship revenue.

    Caribbean cruise ship revenue lags globally, World Bank warns

    Janelle Hopkin and Lady Betty Hopkin celebrate AAA Five Diamond Award with Spice Island Beach Resort team in Grenada

    AAA Five Diamond honor awarded to Spice Island Beach Resort for 9th year

    Beth Hatt of Aquila Center for Cruise Excellence with Randy Durband of GSTC promoting sustainable cruise tourism partnership at Seatrade Cruise Global 2025.

    Sustainable cruise tourism: GSTC, Aquila form partnership

    Carole Alexis, Ronella Croes, and Clarisa Jiménez honored at CMEx 2025 Leadership Awards for Caribbean tourism excellence.

    CMEx 2025 Leadership Awards expand honoree lineup

    Sharon Banfield-Bovell of the CTO speaking on the importance of the CTO Regional Tourism Youth Congress at SOTIC 2025 in Barbados.

    CTO Regional Tourism Youth Congress returns at SOTIC 2025 in Barbados

    A Carnival Cruise Line ship sailing the Caribbean, as Carnival cuts Costa Maya visits in 2026 and boosts Mahogany Bay itineraries.

    Carnival cuts Costa Maya visits, shifts to Mahogany Bay in 2026

    Trending Tags

    • OKEU Hospital
  • Tech
  • Commentary
  • Press Releases
No Result
View All Result
Unitedpac St Lucia News - Mobile Logo
  • St Lucia News
  • All News
  • World
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Tech
  • Commentary
  • Press Releases
  • LIVE TV
Home Business

Trump Tariffs Recession Warning: JPMorgan Sees 60% Risk

Unitedpac by Unitedpac
April 4, 2025
in World, Business
Reading Time: 4 mins read
86 7
A A
0
Wall Street scene outside Nasdaq as markets react to Trump tariffs recession warning

Pedestrians pass the Nasdaq MarketSite in New York. (Michael Nagle/Bloomberg)

21
SHARES
206
VIEWS
Share Share Reddit

Wall Street shaken as top banks project economic fallout from sweeping US tariff policy

NEW YORK, April 4, 2025 — A stark Trump tariffs recession warning has been issued by JPMorgan Chase, which now projects a 60 percent chance of a global economic downturn in 2025. As first reported by Business Insider, the forecast was detailed in a client note titled “There Will Be Blood,” where JPMorgan’s chief global economist Bruce Kasman warned that President Donald Trump’s sweeping US tariff policy could deliver a severe macroeconomic shock to the U.S. and global economy.

“The risk of the global economy falling into a recession has increased from 40% to 60%,” JPMorgan’s Chief Global Economist Bruce Kasman wrote, adding that Trump’s tariff plan is equivalent to “the largest tax hike since WWII.” The US tariff policy, described as the “Liberation Day” tariff announcement, includes a 10 percent flat import tax on all goods entering the U.S., with higher rates targeting 60 countries, including China, Japan, the European Union, and U.S. neighbors Canada and Mexico.

ADVERTISEMENT

Goldman Sachs, Moody’s Forecast Deepening Slowdown

Goldman Sachs followed suit, raising its recession risk estimate to 35 percent and slashing its GDP forecast for 2025 to 1 percent. The investment bank also projects that unemployment will rise to 4.5 percent, citing deteriorating business sentiment and weaker consumer confidence.

Moody’s Analytics echoed the concerns. Chief Economist Mark Zandi revised his recession outlook to 40 percent, attributing the shift to aggressive tariffs on imported vehicles and parts, as well as reduced government spending. “The intensifying trade war and government spending cuts are behind this,” Zandi posted on X.

Markets Plunge as Sentiment Weakens

The financial fallout was swift. The S&P 500 logged its worst trading day since 2020, while the Nasdaq and Dow Jones Industrial Average also posted significant declines. Global equity markets lost hundreds of billions in value, with investors flocking to traditional safe havens like gold and U.S. Treasury bonds.

ADVERTISEMENT

The broader economic impact is already being felt across shipping and trade sectors. Recent developments in U.S. shipping tariffs on Chinese-built vessels have raised concerns about additional cost pressures on American importers and logistics networks.

Meanwhile, the University of Michigan’s sentiment index revealed a sharp drop in consumer outlook, with the highest percentage of Americans expecting job losses since the Great Recession.

Trump Stands Firm on US Tariff Policy Despite Backlash

President Trump has doubled down on the strategy, telling reporters aboard Air Force One that “you’d start with all countries, so let’s see what happens.” The White House has claimed the new tariffs could raise as much as $600 billion annually—a figure widely disputed by economists.

Trade adviser Peter Navarro defended the policy as critical to restoring America’s manufacturing base. “We must become a manufacturing powerhouse that dominates every step of the supply chain,” he said.

Economists Amplify Trump Tariffs Recession Warning as Confidence Drops

JPMorgan’s economists noted that the average US tax rate on imports would surge by 22 percentage points under the Trump US tariff policy, pushing the total to an estimated 24 percent—equivalent to 2.4 percent of GDP. The note warned that this could trigger retaliation, erode business sentiment, and fracture global supply chains.

“Disruptive U.S. policies have been recognized as the biggest risk to the global outlook all year,” the note stated. “The latest news reinforces our fears.”

While JPMorgan acknowledged a recession is “not a foregone conclusion,” the economists said if the policies remain in effect, they would likely push the U.S.—and possibly the world—into recession this year.

Inflation Pressures Build as Fed Prepares to Respond

Goldman Sachs has now raised its year-end core inflation projection to 3.5 percent, citing rising costs for goods from coffee to cars. Inflation-adjusted household income is expected to fall, prompting expectations of up to three Federal Reserve interest rate cuts in 2025. Analysts warn, however, that monetary easing alone may not be enough to blunt the macroeconomic shock.

Retaliation Threatens Escalation of Trade War

Trading partners are preparing retaliatory actions. Goldman Sachs estimates a 15 percent average increase in reciprocal tariffs across affected nations. Economists fear a domino effect that could spiral into a prolonged global trade conflict, undercutting recovery and driving inflation higher.

For vulnerable regions like the Caribbean, the consequences could be severe. Analysts warn that U.S. tariffs could cripple Caribbean trade, especially in economies that depend heavily on U.S. imports, shipping routes, and re-exports.

Bankrate’s Senior Economic Analyst Mark Hamrick noted: “Between trade war escalations, economic uncertainty, and rising inflation, the risks to the economy are growing.”

Global Economic Outlook Grows Uncertain

With mounting pressure on consumer wallets, falling investor confidence, and unresolved geopolitical trade tensions, the global economic outlook remains fragile. JPMorgan’s recession warning, echoed by Goldman Sachs and Moody’s, has intensified the focus on the long-term consequences of protectionist policies.

As the U.S. government continues to assert its trade agenda, economists warn the fallout may be far-reaching—and lasting.

For breaking updates on U.S. trade policy, global markets, and recession forecasts, stay with Unitedpac St Lucia News.

Tags: Caribbean economic impacteconomic downturn forecastglobal recession riskJPMorgan 60% riskJPMorgan recession forecastJPMorgan there will be blood reportSt Lucia business and economyTrump economic policyTrump tariffs recession warningTrump trade war 2025US trade news

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
ADVERTISEMENT
Previous Post

Creative Alliance investment losses spark panic among members

Next Post

Flow St Lucia Internet Price Increase Takes Effect May 1

Related Posts

Allen Chastanet and UWP candidate Benson Emile at the Micoud North rally unveiling the UWP SOS 7 rescue plan for St Lucia

UWP SOS 7: Allen Chastanet unveils rescue plan for St Lucia

September 16, 2025
275
Aerial image showing the Trump Venezuela drug boat strike, with a targeted vessel in rough seas after the U.S. military operation

Trump Venezuela Drug Boat Strike Kills 3 in Second Operation

September 15, 2025
209
Julien Alfred road to Tokyo captured in focus as she prepares on the track wearing headphones and training gear.

Julien Alfred road to Tokyo: From dark struggles to Olympic glory

September 13, 2025
491
Aerial surveillance image shows US strike on Venezuelan drug boat in Caribbean waters before it was destroyed, killing 11

US strikes Venezuelan drug boat, killing 11 in Caribbean waters

September 3, 2025
461
GPH St Lucia Saga with Philip J Pierre, Ernest Hilaire and Mehmet Kutman signing Global Ports Holding deal despite Cabinet rejection

GPH St Lucia Saga: Cabinet Rejected Proposal but SLP Pushed Ahead

August 30, 2025 - Updated on August 31, 2025
359
A Carnival Cruise Line ship sailing the Caribbean, as Carnival cuts Costa Maya visits in 2026 and boosts Mahogany Bay itineraries.

Carnival cuts Costa Maya visits, shifts to Mahogany Bay in 2026

August 29, 2025 - Updated on September 14, 2025
239
Next Post
Smartphone displaying Flow logo next to laptop, referencing Flow St Lucia internet price increase.

Flow St Lucia Internet Price Increase Takes Effect May 1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Stay Connected

  • 22.4k Fans
  • 873 Followers
  • 13.5k Subscribers
  • 2.6k Followers
  • 41 Followers
  • 2.3k Followers
ADVERTISEMENT

Top Stories

K9 Officer Tyson lies in a casket during his funeral in St Lucia after rat bait poisoning in K9 Tyson was dismissed as cause of death.

Rat bait poisoning in K9 Tyson dismissed after toxicology review

September 26, 2025
219
Lisa Jawahir speaking in interview — Lisa Jawahir student loan scandal.

Lisa Jawahir student loan scandal rocks SLP candidate

September 25, 2025
1.8k
Mugshot of Yannick ‘Tiny’ Gustave, the St Lucian fugitive extradited to Martinique on robbery charges

St Lucian fugitive extradited to Martinique

September 23, 2025
269
Stock image of assault rifles, ammunition and narcotics representing Vieux-Fort police raid in St Lucia

Vieux-Fort police raid uncovers assault rifle, pistol and drugs

September 23, 2025
450
Unitedpac St. Lucia News logo


Unitedpac St Lucia News — Your trusted source for St Lucia News Online. Get breaking news today on politics, crime, tourism, and community stories across St Lucia, the Caribbean, and worldwide.

Follow Us

Browse by Category

  • All News
    • Agriculture
    • Caribbean News
    • Crime
    • Education
    • Justice
    • Local News
    • Obituary
    • Religion
    • Weather Alerts
  • Business
  • Commentary
  • Entertainment
    • Saint Lucia Events
    • Sports
    • Video News
  • Lifestyle
    • Culture
    • Health
    • Travel
  • Politics
  • Press Releases
  • Tech
  • World

Recent News

Commissioner Verne Garde addresses the media as a St Lucia senior police officer cleared of sexual misconduct allegations.

St Lucia senior police officer cleared of sexual misconduct

September 26, 2025
K9 Officer Tyson lies in a casket during his funeral in St Lucia after rat bait poisoning in K9 Tyson was dismissed as cause of death.

Rat bait poisoning in K9 Tyson dismissed after toxicology review

September 26, 2025
Lisa Jawahir speaking in interview — Lisa Jawahir student loan scandal.

Lisa Jawahir student loan scandal rocks SLP candidate

September 25, 2025
  • About Us
  • Contact
  • Privacy Policy
  • LIVE TV

Copyright © 2025 Unitedpac St Lucia News - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • St Lucia News
  • All News
    • Agriculture
    • Local News
    • Justice
    • Crime
    • Caribbean News
    • Obituary
    • Religion
    • Weather Alerts
    • Education
  • World
  • Politics
  • Business
  • Entertainment
    • Sports
    • Saint Lucia Events
  • Lifestyle
    • Culture
    • Travel
    • Health
  • Tech
  • Commentary
  • Press Releases
  • LIVE TV

Copyright © 2025 Unitedpac St Lucia News - All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.