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Tariffs

Counting the cost of tariff chaos

The global macro and markets outlook

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24th April 2025

Watch the recording now 

What is the outlook for the global economy and markets after the chaos of Trump’s ‘Liberation Day’ tariffs rollout? What will be the fall-out of a full-blown US-China trade war? And is more pain in store for financial markets? 

During this 30-minute briefing, our economists answered key questions, including: 

  • Which economies will be hurt most by Trump’s tariff plans and the likely policy responses.

  • The future of the US exceptionalism trade and the threat to the dollar’s global dominance.

  • The potential and scope of a US-China deal – and the further steps Beijing could take to respond to Trump’s tariffs.

Watch "Online Briefing: Counting the…" on YouTube
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