The Ripple Effect: Tariffs And Their Implications
2025-05-13 04:20:00 ET
Summary
- Tariffs are a tax, and they’re a tax paid by the domestic entity that imports goods from overseas.
- Because it’s the United States that’s imposing most of the tariffs at this stage, we think the implications for the United States are going to be the most significant, certainly in the form of increased prices.
- The ECB is much more focused on inflation than on growth.
Transcript
Eric Winograd - Tariffs are a tax, and they’re a tax paid by the domestic entity that imports goods from overseas. And like any tax, they have economic impacts. Tariffs push prices up, and they push growth down....
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