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Leading independent economist, Chris Richardson, says while there are some inflationary risks from tariffs, the chaos of President Trump's trade policies will mean Americans are more careful with their spending, which will slow economic growth in countries like China. He thinks the Reserve Bank's decision on whether to cut interest rates on February 18 will be finely balanced, but what's happening in the United States might tilt the RBA more towards lowering rates. Mr Richardson is expecting the RBA to announce two or three rate cuts by the end of this year. Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: / abcnews.au Follow ABC News on Instagram: / abcnews_au Follow ABC News on X (Twitter): / abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia