Economist: U.S. Tariff Policies Will Continue to Impact Economic Growth

Jinse Finance reported that Seth Carpenter, Chief Economist at Morgan Stanley, stated in an interview with Germany's Handelsblatt on the 13th that U.S. economic growth is clearly slowing down, with one important factor being U.S. tariff policies. The consequences of these policies will continue to manifest in the coming months. Carpenter believes that the U.S. economy is currently facing sustained low growth, and he expects weak growth in the fourth quarter of this year and the first quarter of next year. In 2026, the U.S. economy may grow by only about 1.25%, far below the 2.8% in 2024. In addition, he pointed out that the current performance of the U.S. labor market is significantly weaker than a few months ago. New data shows that from March 2024 to March 2025, the number of new jobs added will be only half of the initial expectations. Furthermore, signs of weakness have also begun to appear in U.S. industrial production.