Tariffs and monetary policy: A toxic mix

Oct 21, 2019

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song - RC187164FDE0

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Image: REUTERS/Aly Song

Mickey Levy

Chief Economist, Blenheim Capital Management

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Economic Progress

Image: Netherlands Bureau for Economic Policy Analysis

Image: Baker et al. (2016) and Berenberg Capital Markets.

Prior to 1970, calculated as external financial assets multiplied by two.

Image: BIS Annual Economic Report 87th Annual Report, 2016/17, Chapter 6, Page 100

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