Economic Risks of Trump’s Tariff Plans and Australia’s Rate Cut Dilemma

Explore the heightened economic risks of Trump's proposed tariffs compared to his first term, and why Australia's anticipated rate cut is not guaranteed. Delve into the importance of accurate economic data in shaping India's policies and MAPFRE Economics' new role in ECB's macroeconomic projections. This episode offers a deep dive into the complexities of global economic strategies and their potential impacts.

Sources:
https://apnews.com/article/trump-tariffs-trade-inflation-mexico-china-canada-5e0cad1ba2d9ec086ddf8999b0807dff
https://www.bloomberg.com/news/articles/2025-02-05/australia-rate-cut-not-a-done-deal-bloomberg-economics-says
https://www.moneycontrol.com/news/opinion/underlying-economic-data-not-forecasting-errors-blight-investment-decisions-12930862.html
https://ffnews.com/newsarticle/insurtech/mapfre-economics-joins-elite-group-of-experts-to-prepare-european-central-banks-macroeconomic-projections/

Outline:
(00:00:00) Introduction
(00:00:43) Trump’s tariff tactics carry higher economic risks than during his first term
(00:03:43) Australia Rate Cut ‘Not a Done Deal,’ Bloomberg Economics Says
(00:06:29) Underlying economic data, not forecasting errors blight investment decisions
(00:09:36) MAPFRE Economics Joins Elite Group of Experts to Prepare European Central Banks Macroeconomic Projections