The latest episode of Bloomberg's The Pulse brought together leading experts to analyze the economic implications of President Trump's new tariffs. Host Francine Lacqua convened a panel including Hugh Gimber from JPMorgan Asset Management, Clemens Fuest of the Ifo Institute, Stéphane de La Faverie from Estée Lauder, and Sanam Vakil of Chatham House.

Discussions centered on how the tariffs would affect global trade dynamics, particularly between the US and China, with panelists examining potential impacts on currency markets and congressional responses. The conversation explored broader implications for international business operations and market stability.

The panel's diverse expertise—spanning asset management, economic research, corporate leadership, and geopolitical analysis—provided a comprehensive view of the challenges ahead. Their insights suggested significant market volatility could follow the tariff announcements, with particular concern about retaliatory measures from affected trading partners.