Blackstone's Gray on Trade Deals, Real Estate, Inflation
Blackstone President Jon Gray says he expects some countries will strike trade deals with the US 'fairly soon,' and the effective tariff rate will be around 10%. Gray says the uncertainty around a trade war is likely to slow down GDP growth. He also talks about the AI revolution, real estate and inflation in the US. He speaks to Bloomberg's Sonali Basak at the Milken Conference. (Source: Bloomberg)
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