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Will the Trump Tariffs Plunge the U.S. Into Recession?

Jun 5, 2025

Connor Lokar, senior forecaster at ITR Economics, weighs the prospects of a recession resulting from the Trump administration’s latest round of tariffs — as well as the probability of a Great Depression occurring in the next decade.

Will the new Trump tariffs bring on a recession? “Not at this point,” Lokar says. While emphasizing the potential damage from an escalating trade war, he beli…Read more

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