Bloomberg Surveillance
Is a Potential Pivot on Tariffs Looming?
Apr 24, 2025
Jean Boivin, Head of the BlackRock Investment Institute, shares insights on the ongoing global economic transformation and U.S. trade policy. He warns of the risks of high-friction relations between the U.S. and China, stressing the need for cooperation. The discussion dives into how tariffs affect U.S.-Canada relations, especially in manufacturing, and the potential shifts in trade dynamics. Boivin also reflects on the importance of trust in the global economy and the implications of geopolitical tensions on future negotiations.
35:07
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Quick takeaways
- The podcast highlights the complexities of U.S.-China negotiations, emphasizing how economic forces shape outcomes beyond negotiation tactics.
- Canadian manufacturers face challenges from U.S. trade policies and tariffs, complicating investment plans and hindering the transition to electric vehicles.
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