# Wall Street bank Goldman Sachs is warning that the US economy still faces a significant risk of a recession, even after president Donald Trump’s 90-day pause on country-specific tariffs. During the pause there will be a universal tariff of ten-percent, but Trump has hiked levies on China to 125-percent. Goldman Sachs economists project the US economy will grow at a very slow pace of just 0.5-percent this year. It now sees a 45-percent chance of a recession over the next 12 months.
Goldman Sachs warns there’s still a 45% chance of a US recession despite tariff pause