Economics Roundtable: US Election And Tariffs

In this podcast episode, the discussion centers on the potential global economic effects of the upcoming 2024 US Election, focusing on tariffs and their impact on both China and Europe. Morgan Stanley economists express concerns about the uncertainty surrounding the election outcome, noting that a Trump victory could lead to significant tariff increases. These changes might trigger inflation in the US and exacerbate China's economic difficulties. The panel also considers the implications for Europe, predicting a possible decline in GDP and potential retaliatory measures, underscoring the interconnectedness of global economies and the need for thoughtful policymaking in the face of looming trade tensions.