Institutions: U.S. economy is more likely to slow down than recession
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2025-04-04 00:03 8,136
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Golden Finance reported that Comerica's Bill Adams said tariffs will be a headwind for U.S. economic growth, but the possibility of an economy slows down is greater than contraction. The impact of tariffs will be partially offset by the tax cuts that Congress is discussing. He believes that overall fiscal policy by 2026 "will support economic growth exceed financial market expectations." This also depends largely on whether the tariffs are considered permanent or can be cancelled based on negotiations with U.S. trading partners. The real economic risk is that other countries begin to imitate the U.S. tariff hikes.