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The vast majority of analysts polled by Reuters, U.S. President Trump levy import tariffs on American economy more harm than good, analysts also expect the Federal Reserve (fed /FED) interest rate rise this year the number will be more than expected.
104 analysts interviewed by Reuters on 5-13 March said that the Federal Reserve will raise interest rates next week, and the rest time will increase by three times this year. The robust job market supports optimism. And a few weeks ago, analysts expected to raise interest rates two times more after raising interest rates in March.
In 71 respondents, nearly 90% of people said they are worried about steel imports of aluminum to impose tariffs may lead to a greater range of trade war, nearly 1/3 of respondents said they were "very worried".
"It's not something new. We have seen a trade war back and forth in the past. But the difference is the persistence, and it feels just the tip of the iceberg of protectionism, "said Ethan Harris, the head of the global economy for Merrill Lynch.
Nearly 80% of the 60 analysts who answered the tariff question said that the tariff was more harmful than profit, while the rest indicated that there was no impact or little impact. No interviewee thought the tariff would benefit the US economy.
The customs may incur U.S. trade partners' revenge, and completely miss the point, because China basically not in range. May cause enraged and hurt the global economic expansion, "Holland cooperative bank market analyst Stefan Koopman said.
The organization for economic cooperation and development (OECD) said on Tuesday that the 2018 global economic growth will hit the strongest in seven years, benefiting from trade and investment, also warned that a trade war would pose a threat to improved prospects.
Although Trump's decision has little impact on the global stock market, the dollar continues to soften against most of the major currencies. Another Reuters survey shows that the dollar will fall further in the coming year.

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