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Institution: Trump Delays Tariff Increase, Uncertainty Still Looms Over US Investment and Inflation
Summary: According to reports, economist David Kohl from Julius Baer stated that Trump has postponed the deadline for imposing higher tariffs from July 9 to August 1, but the threat of tariff increase still remains. He mentioned that this uncertainty is affecting investment decisions in the US and exacerbating concerns about rising inflation. The tariff threat ...
According to reports, economist David Kohl from Julius Baer stated that Trump has postponed the deadline for imposing higher tariffs from July 9 to August 1, but the threat of tariff increase still remains. He mentioned that this uncertainty is affecting investment decisions in the US and exacerbating concerns about rising inflation. The tariff threat is intensifying the risk of the US falling into 'stagflation'. At the same time, this is also putting pressure on Europe, forcing it to further stimulate regional demand to offset the impact of the deteriorating international trade environment.
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Link: Institution: Trump Delays Tariff Increase, Uncertainty Still Looms Over US Investment and Inflation [Copy]
