On Wednesday, President Trump unveiled sweeping tariffs against almost every country in the world. The size and scope was far beyond what anyone was anticipating, causing markets to subsequently plunge. But what's next? Could it work out for the US? Will we see a spike in inflation? Will the global trading system continue to operate? On this episode, we speak with Tom Orlik, the chief economist for Bloomberg Economics, on the historical nature of this stagflationary shock, and what happens to the US and global economies if these numbers remain in place.

Read More:
Economists Slash US Growth, Boost Inflation Forecasts on Tariffs
Germany and France Push for More Aggressive Tariff Response

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

On Wednesday, President Trump unveiled sweeping tariffs against almost every country in the world. The size and scope was far beyond what anyone was anticipating, causing markets to subsequently plunge. But what's next? Could it work out for the US? Will we see a spike in inflation? Will the global trading system continue to operate? On this episode, we speak with Tom Orlik, the chief economist for Bloomberg Economics, on the historical nature of this stagflationary shock, and what happens to the US and global economies if these numbers remain in place. Read More: <a href="https://bloom.bg/43yJDC3">Economists Slash US Growth, Boost Inflation Forecasts on Tariffs</a> <a href="https://bloom.bg/3R21AS0">Germany and France Push for More Aggressive Tariff Response</a>
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox &mdash; now delivered every weekday &mdash; plus unlimited access to the site and app. Subscribe at&nbsp;<a href="https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast" data-destination="https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast">bloomberg.com/subscriptions/oddlots</a>

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Lots More on a Massive, Historical, Stagflationary Shock

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/721544b2-1dd3-4a4b-a4f6-b2b4014a8f12/transcript

Advertisement