JPMorgan Chase CEO Jamie Dimon recently warned again that despite the recent adjustment of Sino-US tariffs, the US economy still faces a serious risk of falling into recession.
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The series of tariff policies implemented since Trump took office have further escalated global economic and trade tensions, significantly impacting the economic policies and market expectations of countries worldwide under the influence of U.S. tariff measures. Among these, the tariffs imposed on China were particularly severe.
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In the first quarter of 2025, the economic growth rates of the five major economies in Southeast Asia (Indonesia, Malaysia, Singapore, Thailand and Vietnam) generally slowed down.
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On May 16th, the international rating giant Moody's downgraded the US sovereign credit rating from Aaa to Aa1 and adjusted the outlook for the US sovereign credit rating to stable.
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After Moody's, one of the world's three major credit rating agencies, announced on its official website that it had downgraded the US sovereign credit rating from Aaa to Aa1, US Treasury Secretary Kurt Basent responded to the downgrade on May 18.
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On the global economic chessboard, the US economy has always held a pivotal position.
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According to Shafaq News on May 17th, the latest "World Economic Situation and Prospects 2025" report released by the United Nations shows that the global economic growth forecast has been revised down to 2.4%.
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The latest survey data has sounded an alarm on the path of the US economy.
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Japan's economy was already showing clear signs of weakness before facing the full impact of U.S. President Donald Trump's trade policy.
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The economic data of the United States presents a fragmented picture. On one side, there are record tariff revenues and budget surpluses; on the other, GDP has contracted for the first time in three years, the probability of a recession has soared, and inflation is shrouded in gloom.
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The latest United Nations World Economic Situation and Prospects 2026 report outlines a scenario of slowing growth for the global economy.
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