J P Morgan has forecasted a potential US recession by the end of 2025 due to President Trump’s new reciprocal tariffs, which could lead to a decline in GDP and increased unemployment rates. Federal Reserve Chair Jerome Powell has also raised concerns about the impact of tariffs, warning that they may result in higher inflation and slower economic growth. The projections by J P Morgan and the comments from Powell have sparked fears about the future of the US economy. This prediction comes amidst ongoing trade tensions between the US and various countries, including China and the European Union. The implementation of reciprocal tariffs has already had significant repercussions on global markets, with investors closely monitoring the situation. The uncertainty surrounding the trade policies of the US administration has led to volatility in financial markets, impacting businesses and consumers alike. As the world’s largest economy, any downturn in the US could have far-reaching consequences on the global economic landscape. It remains to be seen how the situation will unfold in the coming years and what measures will be taken to mitigate the potential impact of a recession.