Beyond tariffs Noted economist explains why Trump policies are really bad for business
Beyond tariffs Noted economist explains why Trump policies are really bad for business- Late Friday afternoon, April 4, a Reuters headline read, “Trading Day: Trump Tariffs Wipe $5 Trillion Off Wall Street.” The Dow Jones Industrial Average and the S&P 500 were plummeting in response to steep new tariffs that President Donald Trump is imposing on a long list of countries, and many economists are warning that consumers can expect to pay higher prices for everything from fruits and vegetables to computers to vacuum cleaners to clothes to cars.One of the economists who is sounding the alarm is former New York Times columnist Paul Krugman.During an appearance on “The Ezra Klein Show…
Source: alternet.org
