Economic Progress

Tariffs and monetary policy: A toxic mix

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

Michael Bordo
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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Economic ProgressGeo-economicsUnited StatesChinaEuropean UnionTrade and InvestmentInsuranceFinancial and Monetary Systems
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