Apollo Global Management, a large private equity firm, is now forecasting a severe U.S. recession triggered by President Trump’s recent tariffs.
The tariff-driven slowdown could lead to stagflation—stagnant growth combined with high inflation—according to Apollo’s analysis.
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Taegan Goddard
Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.
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