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

    Mega Millions numbers for Tuesday, June 17, 2025

    The winning Mega Millions numbers for Tuesday, June 17, 2025, were 16, 23, 39, 46, 55, with the Mega Ball 12. The estimated jackpot for this draw was a whopping…

    Weekend Protests in Michigan: Stay Safe, Know Your Rights

    As protests like the “No Kings” rallies sweep across Michigan this weekend, participants are urged to know their rights to stay safe and informed. Peaceful assembly is protected under the…

    Leave a Reply

    Your email address will not be published.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

    Breaking News

    Florida Panthers Clinch Cup, Extending Canada’s 3-Decade Drought

    • By admin
    • June 18, 2025
    • 2 views
    Florida Panthers Clinch Cup, Extending Canada’s 3-Decade Drought

    Pan Am Lives On: Nostalgic Charter Pays Tribute to Aviation Legend

    • By admin
    • June 18, 2025
    • 3 views
    Pan Am Lives On: Nostalgic Charter Pays Tribute to Aviation Legend

    Alaskan Winds Dislodge Celebrity Cruise Ship from Moorings Amid Sudden Storm

    • By admin
    • June 17, 2025
    • 2 views
    Alaskan Winds Dislodge Celebrity Cruise Ship from Moorings Amid Sudden Storm

    “Arkansas Escapee and Former Police Chief Enters Not Guilty Plea”

    • By admin
    • June 17, 2025
    • 3 views
    “Arkansas Escapee and Former Police Chief Enters Not Guilty Plea”

    80-Acre Blaze Forces Residents to Flee in Northern California

    • By admin
    • June 17, 2025
    • 4 views
    80-Acre Blaze Forces Residents to Flee in Northern California

    Mega Millions numbers for Tuesday, June 17, 2025

    • By admin
    • June 17, 2025
    • 3 views
    Mega Millions numbers for Tuesday, June 17, 2025