The probability of predicting a recession in the US on Kalshi has surged to 62%.

On April 5, according to Kalshi data, the likelihood of a recession in the U.S. by 2025 has surged to 62%, reaching its highest level in months. This sharp rise occurred after China implemented a 34% retaliatory tariff on U.S. goods, following recent tariff increases by the U.S. that have escalated global trade tensions.

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