Deutsche Bank Building Additional Tariffs Into Forecasts, Says Luzzetti

The transcript discusses the challenges in forecasting the US economy due to trade volatility, particularly focusing on the impact of tariffs between the US and China. It highlights the escalation of tariffs and the potential for further economic pressure before a resolution is reached. The discussion includes the implementation of tariffs on steel, aluminum, and other goods, and anticipates further escalation and retaliation. The need for additional pressure to bring both sides to the negotiation table is emphasized.

What are the anticipated actions from China in response to US tariffs?

What is the speaker's perspective on the need for additional pressure in trade negotiations?