Moody's: If Trump doesn't lift tariffs, buckle up and be prepared for shocks
2025-04-03 02:06:54
"If the U.S. government implements these higher tariffs without significant exemptions, it's going to be hard for the economy to digest. A recession seems more likely," said Mark Zandi, chief economist at Moody's Analytics. "In many ways, the tariffs Trump has announced are even worse than the worst-case scenario he envisions," said Mr. Zandi. "If they follow through, I'll buckle up and be prepared for the shock." (Kim Ten)
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