Goldman Sachs, a leading investment bank, has upped the likelihood of a US recession to 45%, citing worries over President Trump’s tariff plans and their impact on the global economy. This shift in forecast aligns with similar moves by other major financial institutions like JP Morgan, who have also revised their recession risk assessments. As a result, Goldman Sachs is now foreseeing the Federal Reserve to embark on interest rate cuts starting in June. The concerns stem from the potential disruptions that the proposed tariffs could bring to the worldwide economic landscape. This move by Goldman Sachs underscores the growing apprehension among financial experts regarding the potential economic fallout from escalating trade tensions.