Zanny Minton Beddoes on Tariffs: The Damage of All of This Is Real and Is Going To Be Lasting
‘There are still big tariffs on other countries’
EXCERPT:
MINTON BEDDOES: “A trade war with China -- remember the U.S.'s main trade -- the second biggest economy in the world -- is still a very big and damaging deal. And there are still big tariffs on other countries. They haven't all gone away. And the uncertainty about what will the outcome of all of these 70-odd negotiations be, I think will still mean that businesses stay on hold. So the damage of all of this is -- is real and is going to be lasting. It's not as catastrophic as a financial market collapse would have been, but it's still real damage.”
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