Trump keeps talking about unilateral ‘deals.’ Some tariffs may go up, Goldman economist warns.

Alec Phillips, Goldman’s chief political economist, says markets are missing that the president has twice this week warned that the U.S. may impose tariff increases on some of its main trading partners.

May 9, 2025 - 12:18
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Trump keeps talking about unilateral ‘deals.’ Some tariffs may go up, Goldman economist warns.
Alec Phillips, Goldman’s chief political economist, says markets are missing that the president has twice this week warned that the U.S. may impose tariff increases on some of its main trading partners.