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A Tariff Reality Check with Bloomberg’s Anna Wong
Manage episode 498987593 series 2778316
Economists and politicians told us that President Trump’s tariffs would spark foreign retaliation and drive up domestic prices. But current economic data are beginning to tell a different story.
Anna Wong, chief U.S. economist at Bloomberg Economics, joins Oren to discuss what the post-Liberation Day data are telling us. As tariff rates begin to stabilize due to trade deals, Wong breaks down how tariffs are reshaping firm behavior, potentially driving a wave of future domestic investment by realigning incentivizes. Additionally, Anna and Oren explain why the punditry class’s fixation on near-term CPI levels is missing the bigger story.
132 episodes
Manage episode 498987593 series 2778316
Economists and politicians told us that President Trump’s tariffs would spark foreign retaliation and drive up domestic prices. But current economic data are beginning to tell a different story.
Anna Wong, chief U.S. economist at Bloomberg Economics, joins Oren to discuss what the post-Liberation Day data are telling us. As tariff rates begin to stabilize due to trade deals, Wong breaks down how tariffs are reshaping firm behavior, potentially driving a wave of future domestic investment by realigning incentivizes. Additionally, Anna and Oren explain why the punditry class’s fixation on near-term CPI levels is missing the bigger story.
132 episodes
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