Bloomberg Surveillance Single Best Idea with Tom Keene: Elizabeth Economy & Ethan Harris
Apr 29, 2025
Dive into the complexities of U.S.-China relations, where shifts in political actions are reshaping global trade dynamics. Discover the ongoing evaluations of tariff strategies and the impact of China's practices on trade with neighboring nations. The discussion also delves into America's trade policies, highlighting their geopolitical ramifications and the intricate relationship between China's economy and the Federal Reserve's decisions amid global challenges.
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Early US Policy Stumbles Insight
- Elizabeth Economy highlights early missteps by the U.S. administration on tariffs, investment, and clean energy policy.
- She emphasizes the potential for course correction since the administration is only 100 days in.
Tariffs Should Target China
- Ethan Harris critiques the misdirected use of tariffs against allies like Canada, Mexico, and Europe.
- He argues tariffs should target geopolitical issues and unfair Chinese trade practices instead.