As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2.
What Happened: Despite the anticipated discussions, tariffs are not expected to revert to their pre-January 25 levels. More in-depth talks in the second half of the year could further lower tariffs on Chinese imports to 34% by the end of 2025, indicating the abolition of the 20% fentanyl-related tariff.
“We believe that both the US and China will want a comprehensive deal, but that given the multiple issues involved, the discussions are likely to be complex and will take time to complete,” stated Morgan Stanley, reported The SCMP.
Due to the ongoing disruption in the economic cycle, Morgan Stanley anticipates that growth will continue to decline. The firm warned in its note, “Unless tariff-related uncertainty is resolved quickly, the path ahead …
Full story available on Benzinga.com
As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2.
What Happened: Despite the anticipated discussions, tariffs are not expected to revert to their pre-January 25 levels. More in-depth talks in the second half of the year could further lower tariffs on Chinese imports to 34% by the end of 2025, indicating the abolition of the 20% fentanyl-related tariff.
“We believe that both the US and China will want a comprehensive deal, but that given the multiple issues involved, the discussions are likely to be complex and will take time to complete,” stated Morgan Stanley, reported The SCMP.
Due to the ongoing disruption in the economic cycle, Morgan Stanley anticipates that growth will continue to decline. The firm warned in its note, “Unless tariff-related uncertainty is resolved quickly, the path ahead …
Full story available on Benzinga.com
As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2.
What Happened: Despite the anticipated discussions, tariffs are not expected to revert to their pre-January 25 levels. More in-depth talks in the second half of the year could further lower tariffs on Chinese imports to 34% by the end of 2025, indicating the abolition of the 20% fentanyl-related tariff.
“We believe that both the US and China will want a comprehensive deal, but that given the multiple issues involved, the discussions are likely to be complex and will take time to complete,” stated Morgan Stanley, reported The SCMP.
Due to the ongoing disruption in the economic cycle, Morgan Stanley anticipates that growth will continue to decline. The firm warned in its note, “Unless tariff-related uncertainty is resolved quickly, the path ahead …Full story available on Benzinga.com Read Morebenzinga neuro, China GDP, Morgan Stanley, News, QQQ, SPY, tariffs, trade deals, trade war, US China Relations, Markets, SPY, US78462F1030, QQQ, US73935A1043, News, Markets, Benzinga Markets
