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US Researcher Calls American Tariffs 'a Completely Ridiculous Economic Policy'
5 Articles
5 Articles
This Trump policy 'may help' America 'on paper' — but with 'negative economic effects'
President Donald Trump and his MAGA cheerleaders — including Commerce Secretary Howard Lutnick and longtime trade advisor Peter Navarro — are touting tariffs as an excellent source of revenue for the United States. But many economists, from right-wing disciples of the late Milton Friedman to liberals like Paul Krugman and Robert Reich, are warning that Trump's steep new tariffs will be a major hardship for U.S. businesses and consumers. Everythi…
Is Trump Winning on Economic Policy?
Donald Trump’s second presidency is off to a far stronger start than almost anyone anticipated, aside from Trump himself and his most fervent acolytes. But while economists’ warnings of tariff-driven inflation and an imminent recession have yet to materialize, the long-term risks are becoming harder to ignore.
US researcher calls American tariffs 'a completely ridiculous economic policy'
US tariffs are "a completely ridiculous economic policy," said Gary Hufbauer, senior fellow at the Peterson Institute for International Economics (PIIE) during an interview with CMG. He emphasized that the most immediate impact will be felt by ordinary
At the beginning of the year, and especially in April, after the so-called Liberation Day, when President Donald Trump imposed reciprocal tariffs on US trading partners, many investors decided to move a large part of their money from US stocks and bonds to other markets. But recently, the story of...
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