TechFlow news, on March 11, according to Jinshi Data, Goldman Sachs has downgraded its U.S. economic growth forecast for 2025 from 2.4% to 1.7%, warning of a 20% risk of recession.
The downgrade stems primarily from concerns over former President Trump's trade policies. Goldman Sachs economist Jan Hatzius stated that tariffs have raised consumer prices, reduced real incomes, tightened financial conditions, and increased policy uncertainty, leading businesses to delay investment.




