Tariffs and Economic Uncertainty

This chapter examines the economic ramifications of tariffs implemented during the Trump administration and their influence on inflation, recession probabilities, and market dynamics. The discussion highlights how persistent tariffs can disrupt business activities, lead to defensive strategies among companies, and create long-lasting uncertainties in the market. Ultimately, it emphasizes the importance of adapting investment strategies amidst the evolving geopolitical landscape and the need for historical context to navigate current economic challenges.