The reason Trump's tariffs are a 'controversial matter'
President-elect Donald Trump's tariff proposals have sparked widespread concern about their potential impact on inflation and the economy. Exante Data Founder and CEO Jens Nordvig and Citi Head of Global Macro Strategy Dirk Willer joined Market Domination to analyze these risks. Willer identifies the tariff proposal as the highest risk to markets and the economy. "We can debate whether it's broad tariffs or narrow tariffs," he noted, suggesting that narrow tariffs might have a limited impact on inflation. However, he explains that broad tariffs pose a more significant threat because "there's much less the corporate world can do to reroute trade." Nordvig acknowledges that while Trump's proposed China tariffs might serve a strategic purpose, "when you look at tariffs much more broadly, it's a much more controversial matter." He suggests that the proposed tariffs against Canada and Mexico are likely meant as a negotiation tactic but warned that "the risk is that those negotiations fail." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith