Goldman Sachs lowers the probability of a U.S. economic recession to 35%.

After the truce in trade tariffs between China and the United States, Goldman Sachs lowered the probability of a US economic recession from 45% to 35%. The investment bank pointed out in a research report published on Tuesday that while the change in trade policy has reduced the risk of a recession, the economic impact of high tariffs and ongoing uncertainty still pose significant challenges for American investors and business management.