According to The Kobeissi Letter, if current tariffs persist, they project a reduction of approximately 150 basis points in US GDP growth. The Trump Administration aims to generate $600 billion annually from tariffs, but The Kobeissi Letter estimates that the actual revenue might only be 50% of the target.

According to André Dragosch, PhD (@Andre_Dragosch), the front-running of tariffs is leading to a significant drag on GDP growth due to deeply negative net exports. This information is crucial for traders as it highlights the economic conditions that may influence currency and commodity markets. The analysis suggests a need for caution in markets affected by international trade policies.

According to Edward Dowd, Elon Musk emphasizes that the Biden administration allocated significant funds to support immigration, which contributed to recent GDP growth. With this operation ceasing, potential economic repercussions could follow. This insight is crucial for traders to assess future GDP-related market movements. Source: Edward Dowd on Twitter.