J P Morgan has projected that a US recession could occur by the end of 2025, citing President Trump’s new reciprocal tariffs as the main reason. The forecast warns of a potential decline in GDP and an increase in unemployment rates. Federal Reserve Chair Jerome Powell has also expressed similar concerns, pointing out that tariffs could lead to higher inflation and slower economic growth. These predictions come amidst ongoing trade tensions between the US and various countries, including India. It is essential for policymakers to closely monitor the situation and take appropriate measures to mitigate the potential impact on the global economy.