President Trump's Tariffs Could Impact Global Markets, Inflation
February 18, 2025
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2:39Now PlayingPresident Trump's Tariffs Could Impact Global Markets, Inflation
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as posted by the channelChina’s investment into North America dropped at the end of last year below levels seen during the worst of the pandemic, a slump caused by hurdles in the US and likely exacerbated by a wait-and-see attitude of firms
ahead of the election won by Donald Trump.
Companies only announced $191 million in new investments into Canada, Mexico and the US last quarter, according to new research from US-based consultancy Rhodium Group, a decline of more than 90% from the same period a year earlier.
That was a fraction of the $16.5 billion in outbound investment announced during the final three months of 2024, with the Middle East and Africa the largest destinations for Chinese firms.
Tobin Marcus, Head of US Policy and Politics at Wolfe Research, discusses the potential impact of a looming global trade war on markets and inflation. Tobin speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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