Calculating the Cost of a U.S.-China Trade War

The video discusses a Bloomberg Economics report on the economic costs of the trade war, focusing on various trade scenarios and their impact on global GDP. It highlights the potential risks to equity markets and the role of central banks in responding to economic changes. The discussion includes the effects of US tariffs on Chinese imports and the market's assumptions about future developments.

What are the implications of low interest rates globally in the context of the trade war?

What is the assumed response of central banks in the modeling discussed?