The United States may bear the brunt of its own tariffs, according to Steve Brice, Chief Investment Officer at Standard Chartered Bank. In an interview with CGTN, Brice stated that markets are increasingly recognizing the US as the source of tariff-driven uncertainty.
“The biggest impact may fall on the US economy itself—not on the global economy,” Brice said. He emphasized that the new tariffs could adversely affect American businesses and consumers more than anticipated.
Brice’s comments come amid escalating trade tensions and concerns over the potential ripple effects on global markets. He pointed out that while the global economy remains resilient, the uncertainty generated by US tariff policies is contributing to market volatility.
“It’s important for investors to understand where the uncertainties are originating,” he added. “Markets are adjusting to the idea that the US is driving these uncertainties, which could lead to unintended consequences for its own economy.”
