Tariffs, Tensions, and Trade-Offs

Financial markets remain gripped by heightened uncertainty surrounding US trade policy, slowing US growth, and broader fears of global economic instability. In our charts this week we home in on:

·       Manufacturers’ input prices

·       Supply chain pressures and UK inflation

·       The dollar and US growth

·       Electricity prices in selected major economies

·       Living standards (and energy prices)

·       China’s exports and competitiveness