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0 0 0.000201065647934058 0.000134043765289245 -0.000703729767769298 -0.00073724070909161 -0.000435977346603757 -0.000435642237190427
Stock impact report

Even with high tariffs, Trump's trade war suddenly is starting to look not so scary on Wall Street [MSNBC.com]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: MSNBC.com
Key PointsU.S. President Donald Trump talks to the media as he meets with British Prime Minister Keir Starmer (not pictured) at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland.Christopher Furlong | Getty ImagesU.S. tariffs on incoming goods look to be settling in only slightly less than what President Donald Trump had threatened in April, but the difference has been enough to ease some of Wall Street's worst recession fears.With theU.S.-European Union trade dealEconomists had feared that aggressive tariffs Trump proposed in his April 2"liberation day" announcementButdoomsday pronouncementsJPMorgan Chase, for instance, has lowered its recession risk from a liberation-day level of 60% down to 40% — still higher than normal, but at least less pessimistic."Tariffs are a tax hike on U.S. purchases of foreign goods, but this tax drag is not likely to be large enough to derail the U.S. expansion," JPMorgan chief economist Bruce Kasman said in a note.Like others, the bank ha Show less Read more
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