Tariffs Aren’t Going Away | PIMCO’s Policy Head Libby Cantrill on Trade and Tax Environment In New U.S. Administration

Tariffs Aren’t Going Away | PIMCO’s Policy Head Libby Cantrill on Trade and Tax Environment In New U.S. Administration

Libby Cantrill, Managing Director and Head of Public Policy at PIMCO, joins Monetary Matters to explain her outlook on U.S. trade and tax policy. Cantrill argues that while Trump administration has flexibility in tariff negotiations and that the China tariffs are likely headed much lower (a prediction that already looks like it will come true), tariffs are not going away anytime soon and she views the 10% tariffs on the world as a floor, with reciprocal tariffs on top of that floor especially on China being elevated. Cantrill also shares her views on sectoral tariffs, the rumored “Mar-a-Lago Accord” (she doesn’t think it has traction), and tax cuts. Recorded the afternoon of April 22, 2025. Follow Libby Cantrill on LinkedIn https://www.linkedin.com/in/libby-cantrill-cfa-17162513b/ Most recent piece, “Overall U.S. Tariff Level Still High Despite Exemptions”: https://www.pimco.com/us/en/insights/overall-us-tariff-level-still-high-despite-exemptions Cantrill’s profile on PIMCO: https://www.pimco.com/us/en/experts/libby-cantrill Follow Monetary Matters on: Apple Podcast https://rb.gy/s5qfyh Spotify https://rb.gy/x56dx5 YouTube https://rb.gy/dpwxez

Episoder(248)

The Oil Market Has A Big Problem | Paul Sankey

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Harley Bassman: Bonds Are Fully Cooked Without an Imminent Recession

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Harley Bassman, managing partner at Simplify Asset Management, outlines his favorite trades right now and explains why he thinks bonds are fully cooked without an imminent recession. He argues that se...

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China Fights Its Doom Loop | Leland Miller on Mammoth Stimulus From People's Bank of China

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China’s central bank just shocked markets with several impressive sounding stimulus measures, causing the biggest one-week rally in Chinese stocks since 2008. But how effective is this stimulus actual...

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Neil Dutta: This is What a Soft Landing Looks Like

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Neil Dutta, Head of Economic Research at Renaissance Macro Research, joins Monetary Matters to update his prior call that the US economy would not enter a recession. He explains why a soft landing is ...

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Kris Sidial: "Graveyard Day" Is In Store For Short Volatility Traders

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Kris Sidial, co-CIO of Ambrus Group, joins Monetary Matters to break down the conditions in volatility markets that exacerbated the sharp sell-off in early August, and explain why he thinks the risks ...

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Danielle DiMartino Booth: The Fed Is Still Behind The Curve

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Joseph Wang: Fed Interest Rate Cuts Could Hurt The Stock Market

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