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trump tariffs expected to significantly impact us economic growth by 2026

Morgan Stanley"s chief global economist warns that proposed tariffs by Donald Trump could significantly hinder U.S. economic growth into 2026, leading to higher inflation. If implemented swiftly, these tariffs may create a "big negative shock" to the economy, affecting various sectors, including automobiles and consumer electronics. The potential impact on inflation could also eliminate interest rate cuts for 2025, further restraining growth.
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Chinese Yuan United States Dollar Tesla, Inc. Apple Inc. Microsoft Corporation USA Seth Carpenter Mark Malek Ben Emons Sri Jegarajah Joe Biden Show more
Finance & Economy, Market Report
04:13 20.11.2024
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