Robert Staiger

“The shock is more to the Middle East conflict,”

Robert Staiger · said 2026-07-16 · reported 2026-07-16

Staiger added that the larger shock to world trade comes from the Middle East conflict rather than U.S. tariff actions.

“That doesn't mean that different countries aren't being hit in different ways, but at a broad level for world trade, we don't see the tariffs in the U.S. — the tariff actions — as creating a large shock the way they did in 2025,”

Robert Staiger · said 2026-07-16 · reported 2026-07-16

Staiger told CNBC that while different countries are affected differently, U.S. tariff actions are not creating a large shock to world trade.