Monetary Matters with Jack Farley cover image

Tariffs & Q2 Growth Shock | Trade Maven Brad Setser on Trump’s Tariff Warpath, China’s Balance of Payments, and “Self-Induced Recession” Probabilities

Monetary Matters with Jack Farley

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Intro

This chapter delves into the effects of tariffs imposed by the Trump administration on both the U.S. economy and global trade dynamics. It examines the uncertainty associated with reciprocal tariffs, analyzes cost projections for GDP, and draws parallels with historical tariff measures.

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