UBS On-Air: Paul Donovan Daily Audio 'Trade taxes and boiling frogs'
Update: 2025-01-14
Description
Markets have reacted to media reports suggesting that the next US administration will impose trade taxes on US consumers gradually, month by month. Remember past media reports on tariff policy have subsequently been denied over social media. This is a boiling frog approach—the price level effect is the same, but consumers may not notice so much. The risk is that repeated tariff increases would encourage repeated profit-led inflation episodes by providing a convenient cover story.
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
