Economist Mann Says Trade War Could Lower U.S. Growth to 1% in 2020

The video discusses the impact of a global trade war on GDP growth, focusing on tariffs on Chinese products, German and Japanese automobiles, and Mexican goods. It evaluates the potential effects on global growth, market corrections, and the role of uncertainty in undermining investment. The discussion extends to the possibility of a global recession similar to the financial crisis, with political implications in an election year. Future scenarios are considered, emphasizing the importance of market sentiment and the threat of tariffs.

What are the potential impacts of tariffs on global GDP growth?

How do tariffs affect equity markets and real investment?

What is the significance of uncertainty in the context of global economic growth?

Discuss the potential consequences of a global growth recession.

What factors could lead to a change in the US growth rate from 2% to 1%?