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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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UBS: The tariff model shows that the global economy may be dragged down by 50-100 BP.
Jin10 data reported on April 7, UBS stated in a report that the global tariff model estimates that global economic growth could be dragged down by 50 to 100 basis points. UBS stated: "The situation in Asia may be worse, as the tariff rates are higher and the exposure to exports to the United States is greater." UBS stated: "We estimate that the largest drag on growth is likely to be Thailand/Singapore (100-120 basis points), followed by Malaysia (60-80 basis points), and then Indonesia and the Philippines (30 basis points)."