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TMF - How The U.S. Economy Could Be Impacted By Tariffs
Direxion Daily 20-Yr Treasury Bull 3x Shrs
By Liz Ann Sonders
Transcript
Liz Ann Sonders: Let’s talk what everyone’s talking about, the trade war with China and tariffs. A lot of different views as to whether ultimately this will serve the purpose of getting China to back down from its more aggressive practices around intellectual property theft or force technology transfer. We won’t know whether this is the appropriate method to solve that problem, but what we have to do here at Schwab is just objectively analyze the impact that tariffs are having, and will potentially have, on the economy on measures