Forex
globalreutersNovember 7, 20241 Mins read
S&P global: Trump unlikely to impose 10% blanket tariff and 60% tariff on Chinese goods
globalreutersNovember 7, 20241 Mins read Is”the bark is worse than the bite” on tariffs?
S&P global is out saying:
- Tariffs could increase US inflation and be a drag on US growth.
- Unlikely that Pres. Trump imposes a 10% blanket tariff and 60% tariff on Chinese goods
- Policy impacting deficits and that could affect US sovereign credit rating.
- Projections assume deficit will remain around current levels
This article was written by Greg Michalowski at www.forexlive.com.
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