U.S. economy will collapse by 2026 on Trump’s tariffs, says Morgan Stanley
- Posted on November 20, 2024
- By Bing News
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U.S. economy will collapse by 2026 on Trump’s tariffs, says Morgan Stanley
Donald Trump’s proposed tariffs will throw the U.S. economy into chaos by 2026. Morgan Stanley’s chief global economist, Seth Carpenter, says these tariffs are a surefire way to drive up inflation and tank growth. The plan is to slap a 10% to 20% tariff on all imports and hike up to 100% on goods coming […]
