From Yahoo Finance: 2025-04-21 18:46:00

The risk of a recession this year has spiked to 90%, with tariffs potentially impacting 4 percentage points of GDP, according to Apollo’s Torsten Sløk. Small businesses, a major pillar of the economy, could suffer the most due to tariffs. Small firms account for most US employment and investment, with around 110 million jobs and $4.2 trillion in investment in Q1 2024. If tariffs continue, a sharp slowdown in the US economy is expected. Small businesses are already anticipating pain from tariffs, as most economists predict price increases for consumers.



Read more at Yahoo Finance: Why a top economist thinks the odds of a tariff-fueled recession have climbed to 90%