Economists: U.S. tariff policies will continue to impact U.S. economic growth

Morgan Stanley Chief Economist Seth Carpenter stated in an interview with the German newspaper Handelsblatt on the 13th that the U.S. economic growth is clearly slowing down, with one important factor being the U.S. tariff policy, the consequences of which will continue to manifest in the coming months. Carpenter believes that the U.S. economy is currently facing persistent low growth, and he expects weak growth in the U.S. economy in the fourth quarter of this year and the first quarter of next year. By 2026, the U.S. economy may grow by only about 1.25%, significantly lower than the 2.8% expected for 2024. In addition, he pointed out that the performance of the U.S. labor market has clearly weakened compared to a few months ago. New data shows that the number of new jobs from March 2024 to March 2025 is only half of the initial expectations. Furthermore, signs of weakness are also emerging in U.S. industrial production