Morgan Stanley’s chief global economist Seth Carpenter joined Market rule Discuss the tension between the United States, Canada, Mexico, and China.
Although tariffs on Canada and Mexico are delayed, the economic impact is still uncertain-potential GDP growth has been reduced by about 1 percentage points.
Carpenter recognizes the unpredictability of the trade status and pointed out that “you must consider different situations.” He also explained the complex modeling required for the inflation impact of the inflation of tariffs, including factors such as the strength of the US dollar and the increase in the increase in costs of importers.
“Bottom line … [is] “Tariffs really increased the price. You have received a lot of inflation rates, which may be two to three months after the tariffs.
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This article was written by Josh Lynch
