In Focus: Time is not on Trump’s side

Economics Reports

Time is not on Trump’s side

Economic forecasting is difficult in normal times. It’s impossible now. Nobody, including the Fed and the Bank of Canada, is brave enough to provide a pointed forecast with any conviction. Whatever the scenario might end up being, it is clear that the ability of the US economy to absorb the shock will play a major role in determining the appetite of the US administration to proceed with its current tariff policies. So while we don’t yet know the full details or permanence of America’s trade policy announcements, it’s worth taking stock of how resilient the economy appeared to be at the dawn of this trade war.

Read more in the detailed report below.

Related Insights

Your feedback matters to us!

Please fill out the form below to share your feedback to the CIBC Capital Markets Insights team.
If you would like to provide further details, please feel free to contact us.