Economist: US tariff policy will continue to affect US economic growth
2025-09-14 10:59:52
Morgan Stanley chief economist Seth Carpenter said in an interview with the German newspaper Handelsblatt on the 13th that the US economic growth is slowing down significantly, one of the important factors is the US tariff policy, and the consequences of this policy will continue to be felt in the coming months. Carpenter believes that the US economy is currently facing persistent low growth, and he expects the US economy to show weak growth in the fourth quarter of this year and next year. The US economy is likely to grow by only about 1.25% in 2026, much lower than the 2.8% in 2024. In addition, he pointed out that the current performance of the US labor market is significantly weaker than it was a few months ago. The new data shows that between March 2024 and March 2025, the number of new jobs added is only half of what was initially expected. In addition, U.S. industrial production is also showing signs of weakness.
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