Key Points:
30% tariffs on China, 10% on other countries in baseline scenario.
Consumer Behavior:
Anticipated consumer concerns—job losses, higher prices, and weaker equities—could drive a rise in savings, reducing consumption.
Europe: 10% tariffs expected; forecast for Q4/Q4 2025 growth is 0.4%.
Global: Q4/Q4 2025 growth seen at 2.5%, with CY 2025 at 2.9%.
Barclays views the anticipated US tariffs as a meaningful drag on global economic momentum, especially in 2025. While not the worst-case scenario, the expected average 15% tariff rate would still mark a sharp protectionist turn. Markets should prepare for slower global growth, more cautious consumer behavior, and potential financial market volatility.
For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here.
On this topic, here is a chart from Deutsche Bank highlighting historical tariff levels and where this will shake out.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Barclays: We expect 30% tariffs on China, 10% on other countries in baseline scenario )
Also on site :