Analysts respond to the last US levies

US president Donald Trump Wednesday was laid out “mutual tariff“The rates that will face more than 180 countries and territories under its broad new trade policy.

The announcement sent actions that collapsed and pushed investors to seek asylum in assets that are perceived as safe.

Usually analysts had a pessimistic statement, some even predicted the increased risk of recession for the US

Here is a selection of expert reactions and analysts:

Tai Ziy, Main Market Strategist APAC, JP Morgan Asset Management

“Today’s announcement can potentially increase average tariff rates in the US to the level that has not been observed since the beginning of the 20th century. If these tariffs are maintained, they can significantly affect inflation because US production is struggling to increase power and supply networks are transferred to consumers. substitutes.

“The scale of these tariffs is concerned about the risks of growth. US consumers can reduce the costs of more expensive importers, and enterprises can delay capital costs amid uncertainty over the complete influence of tariffs and potential revenge from trading partners.”

David Rosenberg, President and founder Rosenberg Research

“There are no winners in the World Trade War. And when people have to realize when you hear this plaque about how consumers in the United States will have no major.

And much is transmitted to the consumer, so we have been a very significant price shock for the American home sector for several months. “

Anthony again, head of the specialist department, UOB Asset Management

“They came up with the most extreme figures that we can’t even understand. How did they come up with them? And then in terms of terms, I think we hoped that it would be what was done during the year, which would allow time for negotiations or anything. But it seems much more directly, and again, worse,”

David Rosh, strategist, quantum strategy

“These tariffs are not transitional. They are the main beliefs of President Trump. They note the transition from globalization to isolationist, nationalist policy – not just the economy. The process will last several years and felt for decades. They will overflow in several domains of politics such as geopolitics.

Now expect revenge, not EU talks (US -based orientation) and China (focusing on the US strategic and business interests). Tariffs for the pink garden will fasten the bear. They will cause global stagFlation as well as the US and EU recession. “

Shane Oliver, Head of the Investment Strategy Department and Chief Economist, AMP

“Our rough calculation that 2^nd In April announcement will lead the US average rate to the aforementioned levels observed in the 1930s after Tariffs on Smoot/Hawley Which, in turn, will risk the recession in the US – through a further blow to trust and disruptions in the supply chain – and a greater blow to global growth.

“The risk of recession in the United States is probably about 40% now, and global growth can be pushing up to 2% (approximately 3% now) depending on how significant revenge is and how China is reacting to policy incentive.”

Tom Kenny, Senior International Economist, Anz

“Today, they have announced that mutual tariffs in the US are worse than expected. An effective tariff rate for imports of US goods will probably raise 20-25%, the highest since the early 1900s.

The yield on bonds indexed by inflation was higher, and after the announcement, the shares were sold, believing that the market believes that these tariffs will harm growth and add inflation. Federal funds market prices indicate a reduction in the federal reserve reduction faster. “