In this compelling discussion, NTD News engages with Christian Briggs, economist and CEO of Hard Asset Management, and Daniel Lacalle, chief economist at Tressis, to evaluate the likelihood of a U.S. recession in light of President Trump's proposed tariff plans, including the 25% auto tariffs. The conversation delves into differing perspectives, with the International Monetary Fund (IMF) currently assessing the impact of these tariffs but not forecasting a U.S. recession at this time. Conversely, a recent CNBC survey indicates that 60% of chief financial officers anticipate a recession by late 2025, citing trade disruptions as their primary concern. Briggs and Lacalle explore these contrasting viewpoints, discussing the potential short-term and long-term effects of the tariffs on the U.S. economy, consumer confidence, and the global economic landscape. Their insights provide a nuanced understanding of the complex factors at play and the possible economic trajectories that may unfold.
