On Thursday, President Trump announced that he would postpone the implementation of mutual tariffs on countries similar to U.S. import taxes.
Ben Emons, founder and CIO of FedWatch Advisors, and Philip Luck, director of economic planning at the Center for Strategic and International Studies (CSIS), joined the market domination to discuss the latest information on delays in tariffs and how the market (^dji, ^i tocie, ^gspc) digests the news .
“This is obviously the tariff guidance we get. Just like the Fed’s forward-looking guidance [Federal Reserve]…. We will implement these tariffs in the next few months, along with all these conditions, some of the conditions outlined. They will be big, but, from now on, it’s been a few months. ” he said.
He explained that tariffs on China’s “more than $300 billion in goods” will affect consumer price index (CPI) data and could lead to higher inflation in the coming months.
Fortunately, the president of CSIS’s International Business School, disagrees with the idea of tariffs upgrading the sports field.
“I think this is an incorrect assertion that the competition environment is not level … Our current transnational tariff rates and our bilateral tariff rates have been negotiated for a long time over the past 70 years or more,” he said. .
Emons also addressed the risk of inflation, stressing that consumers “will see some actual inflation in the coming months.” He noted that tariffs may be It will further push the inflation rate to be higher.
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This article was written by Josh Lynch
