Macroeconomic Insights

Top of Mind: Trade Wars 2.0

With President Trump following through on his campaign promise to impose protectionist trade measures against China, and Beijing responding with tariffs of its own, whether the US and China are on the brink of a trade war is Top of Mind. While some observers think a trade war and a significant hit to economic growth are inevitable, Goldman Sachs Research takes a more moderate stance. Senior Strategist Allison Nathan explains why.