Morgan Stanley: Trump's tariff policy has the same impact as Nixon's abandonment of the gold standard in 1971

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MarsBit
04-04
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Mars Financial News, on April 4th, Morgan Stanley's chief US economist Michael Gapen believes: "Trump's tariff policy will be the most radical attempt to restructure US tax and trade structure since Nixon abandoned the gold standard in the early 1970s." At the same time, Michael Gapen stated that the tariff policy announced on Wednesday far exceeded his expectations. (Wall Street Insight)

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