A group of investors at the Milken Institute Global Conference warned of potential repercussions if tariffs continue to escalate. They hope the threat of significant Republican losses in the upcoming midterm elections might deter further tariff implementation. Concerns over tariffs have led some investors to consider opportunities abroad due to uncertainty about the U.S. economic outlook. Meanwhile, discussions at the conference highlighted growing interest in alternative sectors such as data centers. Some attendees expressed nostalgia for the pre-Trump economic environment, which they viewed as more stable.
— new from Axios
