A professor of economics has solutions for you about how the brand new presidential administration’s deliberate tariffs may probably have an effect on the US financial system.
On the presidential marketing campaign path final fall, Donald Trump described tariff because the “most stunning phrase within the dictionary” and lately introduced that tariffs on America’s three largest buying and selling companions are quickly set to take impact.
Brown College Professor of Economics Şebnem Kalemli-Özcan has a distinct standpoint.
“For a lot of economists, tariff is definitely the worst phrase within the dictionary,” Kalemli-Özcan says.
She argues that the administration’s deliberate tariffs on numerous items from Mexico, Canada, and China are likely to harm the US financial system.
Right here, she shared her perspective on tariffs:
