南方财经全媒体、21世纪经济报道记者 缴翼飞 北京报道

At China Development Forum (CDF) 2025, Executive Chairman of S4 Capital plc questioned Jerome Powell’s view that the U.S. tariffs are just a one-time shock. He pointed out that while past commodity price increases were passed on to consumers, this time companies may struggle to do so, leading to both recessionary pressures and inflation risks. "That’s the danger," he warned, emphasizing the need to closely monitor the impact.