Trump’s tariffs ‘woke the rest of the world up to the formula’ of leveraging economic firepower against trade partners, says Morgan Stanley CIO

Trump’s tariffs ‘woke the rest of the world up to the formula’ of leveraging economic firepower against trade partners, says Morgan Stanley CIO

The second Trump adminstration has laid bare how America built the new exceptionalism, a Morgan Stanley economist has explained, meaning other countries around the world will now begin leveraging their own economic firepower against trade partners.Speaking at a global outlook roundtable last week, Morgan Stanley Wealth Management’s chief investment officer, Lisa Shalett, said for many years America’s healthy economy has been underpinned by a tri…

Financial News Network - LARRY KUDLOW: Trump Was Right About Tariffs

President Trump's policy of trade reciprocity has contributed to the Trumpian economic boomRead More …