Cathie Wood discusses the implications of tariffs on economic growth, trade deficits, and innovation. She emphasizes that tariffs could be detrimental to economic growth and highlights the importance of understanding trade deficits as a capital surplus. Wood also explores how turbulent times can drive innovation, particularly in automation and healthcare, as companies seek to adapt to changing economic conditions.
To read more about the impact of tariffs, take a look at Art Laffer’s article, as referenced in the video here.
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