Trade War Guarantees Economics Shocks, Market Volatility -- Market Talk

Dow Jones04:36

2036 GMT - If U.S. tariffs on Canada, Mexico were to remain in place indefinitely, they would represent an enormous negative shock for the Canadian and Mexican economies, ANZ says. The tariffs will also be inflationary in the U.S, impacting more than 40% of U.S. imports and close to 5% of GDP, lifting the effective average tariff rate from around 3% to nearly 11%, it adds. ANZ adds that, using Federal Reserve model parameters, the tariffs could knock 1.2% off U.S. GDP and add 0.7% to PCE inflation, assuming retaliation of equivalent magnitude. With such enormous uncertainty about the likely duration of the tariffs, the response, and the growth and inflation impacts, the only thing that seems certain over the week ahead is market volatility in bonds, FX and equities, ANZ adds. (james.glynn@wsj.com; @JamesGlynnWSJ)

(END) Dow Jones Newswires

February 02, 2025 15:36 ET (20:36 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2508737153?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-03 04:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508737153","market":"us","top_or_hot":-1,"title":"Trade War Guarantees Economics Shocks, Market Volatility -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2036 GMT - If U.S. tariffs on Canada, Mexico were to remain in place indefinitely, they would represent an enormous negative shock for the Canadian and Mexican economies, ANZ says. The tariffs will also be inflationary in the U.S, impacting more than 40% of U.S. imports and close to 5% of GDP, lifting the effective average tariff rate from around 3% to nearly 11%, it adds. ANZ adds that, using Federal Reserve model parameters, the tariffs could knock 1.2% off U.S. GDP and add 0.7% to PCE inflation, assuming retaliation of equivalent magnitude. With such enormous uncertainty about the likely duration of the tariffs, the response, and the growth and inflation impacts, the only thing that seems certain over the week ahead is market volatility in bonds, FX and equities, ANZ adds. (james.glynn@wsj.com; @JamesGlynnWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 02, 2025 15:36 ET (20:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trade War Guarantees Economics Shocks, Market Volatility -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrade War Guarantees Economics Shocks, Market Volatility -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-03 04:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2036 GMT - If U.S. tariffs on Canada, Mexico were to remain in place indefinitely, they would represent an enormous negative shock for the Canadian and Mexican economies, ANZ says. The tariffs will ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2508737153","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508737153","pubTimestamp":1738528560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2036 GMT - If U.S. tariffs on Canada, Mexico were to remain in place indefinitely, they would represent an enormous negative shock for the Canadian and Mexican economies, ANZ says. The tariffs will also be inflationary in the U.S, impacting more than 40% of U.S. imports and close to 5% of GDP, lifting the effective average tariff rate from around 3% to nearly 11%, it adds. ANZ adds that, using Federal Reserve model parameters, the tariffs could knock 1.2% off U.S. GDP and add 0.7% to PCE inflation, assuming retaliation of equivalent magnitude. With such enormous uncertainty about the likely duration of the tariffs, the response, and the growth and inflation impacts, the only thing that seems certain over the week ahead is market volatility in bonds, FX and equities, ANZ adds. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"贸易战导致经济冲击和市场波动——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"2036 GMT - If U.S. tariffs on Canada, Mexico were to remain in place indefinitely, they would represent an enormous negative shock for the Canadian and Mexican economies, ANZ says. The tariffs will also be inflationary in the U.S, impacting more than 40% of U.S. imports and close to 5% of GDP, lifting the effective average tariff rate from around 3% to nearly 11%, it adds. ANZ adds that, using Federal Reserve model parameters, the tariffs could knock 1.2% off U.S. GDP and add 0.7% to PCE inflation, assuming retaliation of equivalent magnitude. With such enormous uncertainty about the likely duration of the tariffs, the response, and the growth and inflation impacts, the only thing that seems certain over the week ahead is market volatility in bonds, FX and equities, ANZ adds. (james.glynn@wsj.com; @JamesGlynnWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 02, 2025 15:36 ET (20:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2508737153"}