Part 7/8:
Furthermore, he highlighted the critical role of establishing reciprocal trade agreements that prioritize beneficial commerce for all parties involved. The complexity of interactions with the U.K. and Canada, particularly with differing attitudes towards tariffs and economic policy, skews the situation even further.
The fundamentals of U.S. economic policy under Trump will need to address legacy governmental structures that prioritize big government, Malpass suggested. Rethinking policies that foster productivity and address inflation will be essential, ensuring regulatory frameworks are conducive to enhanced output and economic growth.