Jobs vs affordable goods: the debate at the core of Trump’s tariff war

Jobs vs affordable goods: the debate at the core of Trump’s tariff war

US manufacturing regions with high exposure to import competition suffer more – but others benefit, economist says.

According to Viktor Orbán, the tariff war launched by Trump is just a tactical move that could turn into a tariff peace in a short time.

He said that "the invitation is to keep calm, not to speculate and hope that in due time we will report on how we progress."

‘I Hope I Am Wrong, but I Am Pretty Pessimistic’: Four Economists Dissect Trump’s Tariffs - Larry Summers

By Oren CassJason Furman, Rebecca Patterson and Lawrence H. Summers Mr. Cass, Dr. Furman and Dr. Summers are economists and contributing Opinion writers. Ms. Patterson is an economist who has held senior roles at JPMorgan Chase and Bridgewater Associates.  READ MORE The post ‘I Hope I Am Wrong, but I Am Pretty Pessimistic’: Four Economists Dissect Trump’s Tariffs appeared first on Larry Summers.

‘I Hope I Am Wrong, but I Am Pretty Pessimistic’: Four Economists Dissect Trump’s Tariffs

Matthew Rose, an Opinion editorial director, hosted an online conversation with four economists about President Trump’s on-again, off-again tariff plan and the whirlwind it unleashed. Matthew Rose: Well, that was a lot. Seven days after they were announced and less than one day after they went into … Source