Donald Trump takes his trade war to the world’s tiniest nations

This tells you what the textbook would predict, that trade war, by definition, is a stagflationary shock, where GDP will be lower and inflation will be higher,

Slok said

The Magnificent Seven stand out in terms of being particularly hard impacted, because a lot of their revenues comes from abroad,

Slok said

When we write down a list of bullet points of thinking about what are the upside risks to the economy and what are the downside risks to the economy, the list only consists of downside risks at the moment,

Slok said during a conference call with investors Friday

If inflation creeps up, locking in fixed-rate deals on your savings could shield you from rising costs."

Edmund Greaves, financial expert at blog Mouthy Money, said

Tariffs mean the US produces more goods at home, demanding more energy, and leaving less oil and gas available to export to Europe.”

Anise Ganbold, the head of global energy markets research at Aurora, said