Our services in the selected country:
  • No services available for your region.
Select Country:
Remember my selection
Your browser is out of date. It has known security flaws and may not display all features of this and other websites

March 26, 2018 | Macro Insights

Trade Tensions

May Affect Markets, Not Economies

In March, the White House announced global tariffs on steel and aluminum, with a long list of countries excluded. This was soon followed by direct tariffs on imported aerospace, IT and machinery products from China to counter what the White House describes as decades of intellectual property theft.  Rising trade tensions are creating a ripple through the global markets. Below, GSAM’s portfolio managers discuss the implications of tariffs for China, Europe, Emerging Markets and the overall impact to the global economy and financial markets.

Long-term Outlook Still Strong

Neill Nuttall, Co-CIO, Global Portfolio Solutions, says 2018 is still on track for above-trend global growth, but moderation is likely, notably outside of US and particularly in Europe.

Long-term Outlook Still Strong Neill Nuttall

Trade Tariffs More Bark Than Bite

Steve Pastrick, Office of Government Affairs, Goldman Sachs and Co. LLC, outlines the initial and subsequent tone around the tariff announcements and the process to implement.

Trade Tariffs More Bark Than Bite

Positive on China and Emerging Markets

Sam Finkelstein, Deputy Chief Investment Officer, Global Fixed Income, discusses the outlook for China and the Emerging Markets in light of recent trade tariffs.

Positive on China and Emerging Markets Sam Finkelstein

Bottom Up View on Tariffs

Suneil Mahindru, Chief Investment Officer, International Equity, Fundamental Equity, says global growth can manage its way through these discussions.

Bottom Up View on Tariffs Suneil Mahindru

Mixed Outlook for the Dollar

The panel discusses positioning a weaker dollar to reduce the trade deficit, short term volatility and an overall strong macro backdrop for the US.

Mixed Outlook for the Dollar Sam Finkelstein

What Does This Mean for Investors?

The panel discusses where they see opportunities and risks across all asset classes.

What Does This Mean for Investors? Sam Finkelstein, Neill Nuttall

RELATED MATERIALS

March 2018 | GSAM Connect
Trade Tension: Market Opportunities and Challenges

With tax reform enacted, budget caps raised and regulation rolled back, the US Administration has shifted its focus to trade policy, which has turned more hawkish in 2018.

Contact Us

For more information
+1 917-343-5001
Media Contact
+1 212-902-5400
By Mail
200 West Street New York, NY 10282 United States

Featured Item with Image & Links