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.
