Five Big-Picture Perspectives On US Tariffs

As DB senior economist Peter Sidorov writes in his latest Wide Angle report published on Friday, and as anyone who has been active in the market in the past week will attest, using superlatives has become commonplace in describing policy announcements and market moves in recent weeks. Still, it's no understatement to say that this week's reciprocal tariff announcement by the US represents the most radical shift in global trade policy in recent decades.