Morgan Stanley
The Tariff Paradox: Why Morgan Stanley Believes 2025’s Inflationary Surge May Be Saving American Jobs
As 2025 draws to a close, the American economic landscape has been fundamentally reshaped by the most aggressive trade policies in nearly a century. While the inflationary pressures of the "Liberation Day" tariffs have squeezed household budgets from coast to coast, a counterintuitive narrative is emerging from the