Economist: U.S. tariff policy will continue to affect U.S. economic growth

According to Huobi HTX, Morgan Stanley chief economist Seth Carpenter said in an interview with the German Business Daily on the 13th that US economic growth is slowing down significantly, and one of the important factors is the US tariff policy, and the consequences of this policy will continue to appear in the next few months. Carpenter believes that the US economy is currently facing sustained low growth, and he expects weak growth in the fourth quarter of this year and the first quarter of next year. The U.S. economy may only grow by about 1.25% in 2026, far lower than 2.8% in 2024. In addition, he pointed out that the performance of the U.S. labor market is currently significantly weaker than it was a few months ago. New data shows that between March 2024 and March 2025, the number of new jobs was only half of the initial expectations. In addition, U.S. industrial production has also shown signs of weakness.