Bloomberg Talks cover image

Bloomberg Talks

Morgan Stanley Chief Global Economist Seth Carpenter Talks Tariffs

Feb 3, 2025
Seth Carpenter, Chief Global Economist at Morgan Stanley, dives deep into the long-term effects of tariffs initiated by the Trump Administration on Canada and Mexico. He discusses the economic uncertainty faced by businesses and consumers. Carpenter highlights the impact of these tariffs on employment and consumer spending, emphasizing risks in manufacturing. Furthermore, he analyzes how tariffs affect global trade, particularly in agriculture and apparel, and the potential recession risks for Mexico amid fluctuating currency and inflation.
08:34

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The long-term impact of Trump Administration tariffs could lead to a notable decrease in U.S. economic growth and investment uncertainty.
  • Proposed tariffs could trigger significant repercussions for economic partners like Mexico, potentially pushing its economy towards recession due to trade interdependencies.

Deep dives

Open Source AI and Healthcare Innovation

Open Source AI tools, such as those developed by Meta, are transforming healthcare by facilitating collaborations between tech startups and educational institutions. For instance, Zaron, a startup led by Dr. Cal Clark, utilizes Meta's LAMA AI model to assist radiologists in verifying their diagnoses, ultimately enhancing diagnostic accuracy. This collaboration not only emphasizes innovation in diagnostic methods but also contributes to the education of future radiologists, improving overall patient care. The model showcases how accessible AI resources can spur advancements in critical fields like healthcare, proving that technology can have a profound societal impact.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode