Trade War: Winners and Losers

Trade War: Winners and Losers Chart showing the biggest winners and losers of imports to the U.S. in the past year. Image: Macrobond

The Trade War Cycle

The Trade War Cycle The following picture helps to understand Trump’s trade war tactics. Image: StockCats

US-China Trade War and Past Major Trade Conflicts

US-China Trade War and Past Major Trade Conflicts In the past, tariffs were in place for long periods of time. The US-China trade war is hitting global growth, by his importance, size and scope. Image: Goldman Sachs Global Investment Research

Trade War Hitting Global Trade Hard

Trade War Hitting Global Trade Hard US-China trade war is hurting Asia export hubs. Singapore is heading for a recession. Image: Deutsche Bank Global Research

Trade War and Financial Conditions Index

Trade War and Financial Conditions Index The trade war has tightened the Goldman Sachs FCI by about 60bp cumulatively. The Goldman Sachs Financial Conditions Index (FCI) is a weighted sum of a long-term corporate yield, a short-term bond yield, the exchange rate, and a stock market variable. Image: Goldman Sachs Global Investment Research

Effect of the Trade War on U.S. Real GDP Growth

Effect of the Trade War on U.S. Real GDP Growth Assuming no futher escalation, the trade war drag on U.S. growth is expected to peak at about -0.4% in the second half of 2019. Image: Goldman Sachs Global Investment Research