Evercore's Haines Says Trade Policy May Increase Volatility

Evercore's Haines Says Trade Policy May Increase Volatility

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses President Trump's proposed steel and aluminum tariffs, which could reach up to 24%. It highlights the market's reaction, particularly in Asia, and the strategic approach the administration might take. Instead of broad tariffs, a more targeted, surgical approach is suggested, focusing on national security concerns. The discussion includes insights from Commerce Secretary Ross and mentions the influence of free trade advocates within the administration and Congress.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key areas that the administration is focusing on regarding national security and tariffs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How can the domestic steel and aluminum industries ensure their capacity without imposing massive tariffs?

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OFF