Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney
March 4, 2025 (with guest co-host Jess Menton)
Featuring:
• Brendan Murray, Bloomberg News Trade Czar, reports on the economic fallout of the US-led trade war. President Donald Trump imposed 25% tariffs on most Canadian and Mexican imports and raised the charge on China to 20%, affecting roughly $1.5 trillion in annual imports
• Barbara Reinhard, CIO of Multi Asset Strategies & Solutions at Voya Investment Management, discusses why she believes it’s time to buy equities and potential investment options for deploying cash that is currently on the sidelines
• Abby Joseph Cohen, professor at Columbia Business School and former senior investment strategist at Goldman Sachs, examines the broad ripple effects of the costly trade dispute between the US and its closest trading partners, and how they will ultimately trickle down to American citizens
• Jean Boivin, Head of the BlackRock Investment Institute, breaks down the different potential outcomes of the trade war between the US and its top economic partners, and the impact of a "stagflationary" shock from the newly imposed tariffs
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