4 July 2025
In his Mid-Year Outlook, Ric Deverell, Macquarie's Chief Economist and Head of Net Zero, talks about the impact of US trade tariffs and policy uncertainty on markets and the global economy. He suggests that while global growth has shown relative resilience over the past year, it is now facing challenges due to the tariffs. He also discusses the impact on bond and foreign exchange markets, and says that though Australia will be affected, it is in a better place than many other countries to weather the impact.