Negative.

From Yahoo Finance: 2025-04-05 11:32:00

US markets slide following Donald Trump’s tariffs announcement, prompting fears of a recession as JP Morgan downgrades growth forecasts, predicting higher unemployment and negative GDP growth. The trade war between the US and China escalates, causing global stock markets to tumble. Britain’s debt-laden economy faces potential crisis as Trump’s tariffs threaten to trigger a gilt sell-off. The UK’s exposure to the global economy leaves it vulnerable to inflation and slower growth. Financial leaders warn of the risks of recession and economic turmoil if Trump continues his aggressive trade policies.



Read more at Yahoo Finance: Trump’s tariffs will tip America into recession, warns JP Morgan