What Raising The Trade Drawbridge Means For The World Economy
2025-04-05 07:55:00 ET
Summary
- Trade wars threaten longstanding trade partnerships and could weigh on the global economy.
- Our base case is that trade tensions remain more tension than conflict, and that restrictions slow but don’t stop the global economy.
- Deglobalization and trade tensions are not good for the global economy, but they need not be catastrophic.
- While periods of friction may be tough for the world economy and uncomfortable for investors, we believe that a new equilibrium will eventually be found.
By Eric Liu | Eric Winograd
Trade wars threaten longstanding trade partnerships and could weigh on the global economy. ...
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