Global recession will come in 9 months if Trump takes this one step, Morgan Stanley argues

A recession will come in nine months’ time if President Donald Trump goes one step further in his plan to impose tariffs on Chinese-made consumer products, a leading brokerage argues.

That’s bad enough, but tolerable, says Morgan Stanley, which makes the case that if those 10% tariffs are kept for longer than four or five months, global growth will remain weak in the range of 2.8% to 3%, despite interest-rate cuts from central banks. The risks, they argue, are skewed to downside. The global economy would enter recession in three quarters if Trump took the tariffs up to 25% and China were to respond.“We see substantial risk that the 10% tariff could get increased to 25%. At that point we would have 25% tariffs on all Chinese imports.

Another negative **REPEAT** Trump story! Great journalism guys! 👌👌👌

Trump has taken alot of steps and the Democrats keep pushing him back like the bully on the playground.

Click bait nonsense

Trump teaching the world leaders how to play the federal reserve rates... he is playing the world

A decade of 0% rates and offshoring of jobs for several decades .... didn't tip you off?

So next quarter should be a negative 3%? If it's not even close, will you shut down marketwatch

Sounds like the bank is positioning their puts to be safe.

furthering the bullshit. Lol

Wrong. You've never been right you never will. Trump is the only one that has been right

Hogwash 76 99 45

Do you guys ever write one positive Trump story? Can you make it less obvious how one sided you are against him and the Republican Party

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