No Recession in Sight as Trade Truce Lifts U.S. Outlook

New York, USA: Barclays has revised its forecasts, declaring that a U.S. recession now looks unlikely this year, thanks in part to a new trade pause between the United States and China. This thaw in tariff conflicts reduced business uncertainty, boosting the bank’s GDP outlook for America to slight expansion instead of contraction. Europe, too, might dodge a severe downturn. Analysts cite consumer resilience and cooling inflation as reasons for optimism. Nonetheless, potential flashpoints—like revived trade disputes—could still derail growth.