Tariff Tango: Who’s Winning, Who’s Losing
Goldman’s Forecast in a Nutshell
Goldman Sachs economists just dropped their crystal ball on the upcoming tariff wave. It’s set to hit at midnight, knocking on the doors of Canada, Mexico, and China. Dive into the highlights below.
Key Takeaways
- + Steel & aluminum already face steeper duties.
- + Imports from China see a fresh tariff boost.
- + Autos & critical goods from the EU join the group hit.
- + Effective rate jump: roughly 4.3% – almost three times the 2018 trade war hike.
Why It Matters
Think of this as a giant price tag slapped on key products. Industries that rely on these imports will feel the crunch, while domestic competitors might get a leg up.
Bottom Line
The tariff roll‑out is a big move, spelling out clear winners and losers. Watch closely as the market adjusts to these new price dynamics.
