Trump tariff policy increases the risk of stagflation: Banamex

The US is heading towards a rare kind of economic crisis. Recently, a so-called stagflation hit the country in the 1970s. At that time, there was the oil price shock, now the customs war Donald Trump'sWhat is worse than high inflation or weak economic growth? If both occur simultaneously! Stagflation is called this economic horror scenario. Donald Trump is on his way to bring this about in the US – decisively due to his tariffs. Whether the US a…

Reading time approx.: 3 minutes, 34 secondsThe National Bank of Mexico (Banamex) estimates that the sum of rates, which include what have been effective since March, differentiated "reciprocal allowances", and those in force, now makes them reach levels of 22.8%, against those of 2.