#TrumpTariffs
Market Reactions & Economic Risks
Volatility in Stock & Bond Markets
Asian equities, U.S. futures, and oil have dropped amid tariff uncertainty. Treasuries gained as investors sought safety .
Yet, some argue markets are “benumbed”—pricing in the risk and hoping for resolutions .
Inflation & GDP Hit
Tariffs are effectively an import tax, pushing U.S. inflation higher. Goldman Sachs expects companies to pass 70% of these costs to consumers .
The OECD forecasts U.S. growth dipping from 2.8% to 1.6% in 2025 and global GDP dropping slightly.