Institution: The possibility of a US economic slowdown is greater than a recession

律动BlockBeats|Apr 03, 2025 15:10
BlockBeats News: On April 3rd, Comerica's Bill Adams stated that tariffs will become a headwind for US economic growth, but the likelihood of an economic slowdown is greater than a contraction. The impact of tariffs will be partially offset by the tax reduction policies currently being discussed in Congress.
He believes that the overall fiscal policy by 2026 will provide more support for economic growth than expected by financial markets. This largely depends on whether tariffs are considered permanent or can be lifted based on negotiations with US trading partners. The real economic risk is that other countries begin to imitate the United States and raise tariffs. (Golden Ten)
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