From Wells Fargo Today, using the Oxford Economics macroeconomic model, we simulate the effects of Trump’s trade policies (as reported so far). Addendum to yesterday’s post ““Vote Trump for higher inflation, bigger deficits and higher interest rates”.
Source: Wells Fargo Economic Studies.
Source: Wells Fargo Economic Studies.
Negative YoY GDP growth in case of retaliation against US trade policies. Who believes that no retaliatory measures will be taken?