Goldman Sachs on Trump tariffs – "extra benign than anticipated", however a few of it hawkish

Goldman Sachs on US politics:

• “President Trump’s Inauguration Day coverage bulletins on tariffs have been extra benign than anticipated”
• “For now … a decrease precedence than we’d have anticipated”

GS do add although that on Canada and Mexico Trump’s phrases have been extra hawkish than anticipated.

GS conclude that the prospect of US common tariff on all imports this 12 months has declined. Which poses much less of a threat of reigniting inflation.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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