Uncertainty Looms Over U.S. Economic Outlook as Tariffs Take Effect

The new presidential administration is set to bring change, with the rapid pace of its directives likely to impact the economy’s fundamentals. According to Consensus, the nation’s GDP growth rate is expected to increase by 1.45% from Q2 2025 to Q1 2026. Similarly, Wells Fargo projects a slowdown in real GDP growth to 1.78% over the same period, as the inflationary effects of tariffs reduce real income growth, thereby weighing on consumer ...