U.S. Rhetoric Is Hurting Trade, Sentiment, UniCredit Says

The transcript discusses the ongoing trade tensions between the US and China, highlighting market optimism for a resolution. It examines the US's shift away from multilateralism and its impact on global trade. The conversation also covers the effects of these tensions on economic sentiment and investment, particularly in Europe, where recession risks are rising. Additionally, the transcript explores the economic impact on Europe and China, noting changes in trade dynamics and corporate responses.

What indicators suggest a slowdown in global trade according to the speaker?

How is Europe reacting to the current trade tensions and what are the implications?