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

    “AT&T Reaches $177M Settlement in Data Breach Case — Here’s When You May Get Paid”

    AT&T has agreed to pay $177 million to settle a massive class-action lawsuit stemming from a data breach that compromised the personal information of millions of customers. The breach, which…

    “Study Shows U.S. Housing Market Pulling Further Out of Reach for Many”

    A new national housing study reveals that homeownership is becoming increasingly unattainable for millions of Americans, as soaring prices, rising mortgage rates, and stagnant wages continue to widen the affordability…

    Leave a Reply

    Your email address will not be published.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

    Breaking News

    Man charged with aiding Palm Springs fertility clinic bombing suspect dies in custody

    • By admin
    • June 25, 2025
    • 16 views
    Man charged with aiding Palm Springs fertility clinic bombing suspect dies in custody

    Israel says Iran violates ceasefire, orders new strikes | The Excerpt

    • By admin
    • June 24, 2025
    • 18 views
    Israel says Iran violates ceasefire, orders new strikes | The Excerpt

    “Thinking of Halloween at Disney? Here’s When to Start Planning”

    • By admin
    • June 24, 2025
    • 18 views
    “Thinking of Halloween at Disney? Here’s When to Start Planning”

    “AT&T Reaches $177M Settlement in Data Breach Case — Here’s When You May Get Paid”

    • By admin
    • June 24, 2025
    • 17 views
    “AT&T Reaches $177M Settlement in Data Breach Case — Here’s When You May Get Paid”

    “2025 NBA Mock Draft: Final First-Round Predictions for Every Team”

    • By admin
    • June 24, 2025
    • 16 views
    “2025 NBA Mock Draft: Final First-Round Predictions for Every Team”

    “ICE Arrests 11 Iranian Nationals in U.S. Amid Rising Middle East Tensions”

    • By admin
    • June 24, 2025
    • 16 views
    “ICE Arrests 11 Iranian Nationals in U.S. Amid Rising Middle East Tensions”