Global economy prepares for the Trump 'macro shock'

Contributing sentiments towards policy:

78% : Japanese automaker Honda warned on Wednesday of an "extremely big impact" on its exports to the US from Mexican plants should Trump follow through on that pledge.
58% : At €502bn, EU exports were 46 per cent larger than the region's imports of US goods.
50% : If Trump carries through his plans for higher tariffs -- 20 per cent for exporters outside China, where a 60 per cent levy could be imposed -- it would raise the prospect of tit-for-tat trade measures that would derail trade.
42% : Asian exporters are exposed to higher trade barriers, with China's already-weak economy set to suffer acutely if Trump goes ahead with plans to impose a 60 per cent levy on all Chinese exports to the US.
32% : "The knee-jerk reaction from US shippers will be to front-load imports before Trump is able to impose his new tariffs," Sand said.
28% : During the campaign Trump repeatedly claimed he could quickly end the war in Ukraine.
28% : The implications elsewhere will depend on how far Trump goes in pursuing his anti-globalisation agenda.
24% : Modelling from the IMF points to a wider economic hit if Trump's threatened tariffs target a "sizeable swath" of global trade.
22% : "Trump remains unpredictable and erratic," said Holger Schmieding, economist at Berenberg Bank.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.