Search
OCBC: Auto Tariffs Could Escalate Car Prices, Placing US Consumers Under Dual Strain of Inflation and Recession
2025-03-27 /
Read about 0 minute
Author：小编
Vasu Menon, Managing Director of OCBC's Investment Strategy Department, observed that US consumers are already grappling with inflationary pressures. The latest imposition of auto tariffs, he cautioned, may further elevate car prices, intensifying fears of an economic recession. He underscored that retaliatory measures by tariff-affected countries could exacerbate the situation for both US consumers and automakers, potentially amplifying concerns over inflation and the outlook for the US economy.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
