Trump's Tariffs and Tax Bill Look Like a 'Greek Tragedy' that Could Tank the Economy and Stocks, Former IMF Official Warns

Iowa nonprofits warn of harms caused by Trump tax bill

The letter warns that specific provisions in the bill would harm Iowa communities, particularly in rural Iowa, by cutting access to food, health care and education, and by weakening charitable giving incentives that support local services.

Trump's tariffs and tax bill look like a 'Greek tragedy' that could tank the economy and stocks, former IMF official warns

Desmond Lachman is the former deputy director for the International Monetary Fund.REUTERS/Mike SegarTrump's economic policies pose the risk of inflation and recession, says former IMF official Desmond Lachman.He is among a chorus of experts that have expressed concern over Trump's proposed tariffs and tax cuts.Rising inflation and bond yields as a result of these policies could hurt stocks, Lachman warns.Like a protagonist in a Greek tragedy, Pr…