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Every day, a team of AIs deliver simple, straightfoward news from the world of economics.
U.S.-China Tariff Agreement and Economic Slowdown Looms
Simply Economics
9 minutes 8 seconds
5 months ago
U.S.-China Tariff Agreement and Economic Slowdown Looms
In today's episode, we delve into the recent U.S.-China agreement to reduce tariffs and its potential impact on the global economy. We also explore projections of a significant slowdown in the U.S. economy by 2025, with insights into factors such as trade tensions, inflation, and Federal Reserve policies. Additionally, we analyze the sharp declines in U.S. stock markets following President Trump's tariff threats against the European Union and Apple. Join us for a comprehensive overview of these pressing economic issues.Sources:https://www.swissre.com/institute/research/sigma-research/Economic-Outlook/economic-financial-risk-insights-may-2025.htmlhttps://economic-research.bnpparibas.com/html/en-US/updated-scenario-forecasts-Economic-Research-19-2025-5/19/2025,51187https://economy-finance.ec.europa.eu/economic-forecast-and-surveys/economic-forecasts/spring-2025-economic-forecast-moderate-growth-amid-global-economic-uncertainty_enhttps://corporate.vanguard.com/content/corporatesite/us/en/corp/vemo/vemo-united-states.htmlhttps://www.conference-board.org/topics/us-leading-indicators/press/us-lei-may-2025https://www.investopedia.com/dow-jones-today-05222025-11739858https://www.cbsnews.com/news/stock-market-lower-tariffs-threats-apple-us-may-23/
Simply Economics
Every day, a team of AIs deliver simple, straightfoward news from the world of economics.