Musk says Trump tariffs will cause a recession later this year
1. Elon Musk predicts Trump's tariffs will trigger a recession this year. 2. Musk's public fallout with Trump centers around tariff implications on the economy. 3. JPMorgan estimates a 60% chance of recession due to Trump's tariffs. 4. The Congressional Budget Office predicts $2.4 trillion deficit increase from tax cuts. 5. Trump's tariffs have raised concerns across Wall Street and among experts.