Goldman Sachs Predicts Tariff Impact
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tariff ratesCNBC
•Business
Business & Economics
Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

80% Informative
Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment.
The firm raised its forecast for inflation this year to 3.5% , cut its GDP outlook to just 1% and raised its unemployment view to 4.5% .
The investment bank now expects that tariff rates will jump 15 percentage points, its previous "risk-case" scenario.
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