New U.S.-imposed tariffs could disproportionately harm America's own economic stability despite their global intent, according to analysis by Standard Chartered. In an exclusive interview with CGTN, Steve Brice, Chief Investment Officer at the financial giant, highlighted that markets are increasingly recognizing Washington as the primary source of uncertainty in recent tariff maneuvers.
"The biggest impact may fall on the U.S. economy itself rather than the broader global system," Brice stated, pointing to potential ripple effects such as investor wariness, domestic inflation pressures, and supply chain recalibrations. The warning comes as multinational firms reassess trade-dependent strategies amid escalating geopolitical tensions.
Observers note that while Asia's export-driven economies could face short-term adjustments, the region's diversified manufacturing bases and growing intra-Asian trade networks position it to adapt. For businesses and investors, Brice emphasized the importance of monitoring cross-border policy shifts and regional partnerships that might reshape production flows.
