Economic outlook brightens, recession odds fall after US-China tariff deal

The recent U.S.-China tariff agreement has significantly improved the economic outlook, reducing the likelihood of a recession and boosting investor confidence.


📉 Tariff Reductions and Economic Impact

In a move to ease trade tensions, the U.S. has agreed to lower tariffs on Chinese goods from 145% to 30%, while China has reduced its tariffs on U.S. imports from 125% to 10%. This 90-day truce aims to provide relief to businesses and consumers affected by the prolonged trade war.

Economists have responded positively to the deal. Oxford Economics has lowered the probability of a U.S. recession in the coming year from over 50% to 35%. Similarly, Goldman Sachs has reduced its recession odds to 35% from 45%, citing the tariff rollback as a key factor.

  • Related Posts

    Silverado EV sets world record: GM truck travels 1,059 miles on a single charge

      General Motors has achieved a staggering milestone in EV performance: a 2026 Chevrolet Silverado EV Work Truck with the 205 kWh Max Range battery traveled 1,059.2 miles on a single charge,…

    Are data centers causing electricity prices to rise? What to know

    Data centers currently consume around 4.4% of U.S. electricity, projected to escalate to 6–12% by 2028, and could account for nearly half of all growth in power demand by 2030…

    Leave a Reply

    Your email address will not be published.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

    Breaking News

    Crypto bros behind WNBA sex toy scandal too immature to see harm done

    • By admin
    • August 9, 2025
    • 5 views
    Crypto bros behind WNBA sex toy scandal too immature to see harm done

    Fast-moving Southern California blaze grows to 1,500 acres, triggering evacuation orders

    • By admin
    • August 8, 2025
    • 5 views
    Fast-moving Southern California blaze grows to 1,500 acres, triggering evacuation orders

    A 5-year-old’s murder and a Florida child protection system ‘destined to fail’

    • By admin
    • August 8, 2025
    • 7 views
    A 5-year-old’s murder and a Florida child protection system ‘destined to fail’

    IndyCar dragged into controversy with Trump administration’s ICE car, ‘Speedway Slammer’

    • By admin
    • August 8, 2025
    • 8 views
    IndyCar dragged into controversy with Trump administration’s ICE car, ‘Speedway Slammer’

    Silverado EV sets world record: GM truck travels 1,059 miles on a single charge

    • By admin
    • August 8, 2025
    • 8 views
    Silverado EV sets world record: GM truck travels 1,059 miles on a single charge

    Army sergeant in custody after 5 soldiers shot at Fort Stewart; motive remains unknown

    • By admin
    • August 7, 2025
    • 7 views
    Army sergeant in custody after 5 soldiers shot at Fort Stewart; motive remains unknown