A rising chorus of forecasts suggest as much. But for the moment, this is still guesswork as markets struggle to price in a dramatically altered macro outlook due to the rising risk of a global trade war.
Daily Archives: April 7, 2025
Macro Briefing: 7 April 2025
President Trump hints he’s ready to negotiate on tariffs as stocks around the world continue to tumble on Monday. On Sunday evening he said he’s “open to talking” with world leaders on new trade deals. “I’m willing to deal with China, but they have to solve their surplus,” he said aboard Air Force One. But he also advised that the tariffs will continue until the US trade deficit is eliminated: “Unless we solve that problem, I’m not going to make a deal.”
