Reported about 8 hours ago
Seth Carpenter, chief global economist at Morgan Stanley, discusses the complicated economic effects of ongoing tariff tensions involving the US, Canada, Mexico, and China. While current tariffs on Canada and Mexico are postponed, uncertainty looms with potential GDP declines. Carpenter emphasizes the need to evaluate various scenarios and complex models to understand inflationary effects, indicating that tariffs typically increase prices and may hinder economic growth after a few months.
Source: YAHOO