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Economists fear tariffs becoming end-goal, in place of temporary measure

Economists fear tariffs becoming end-goal, in place of temporary measure

May 15, 2019

President Trump has repeatedly portrayed the punitive tariffs he has imposed on China and other countries recently as tools to create leverage, and draw those countries into new trade deals that benefit the U.S.

Increasingly, however, Trump’s tariffs are looking like an end-goal rather than a tool and more tangible than any of the deals the president has promised. And that, economists agree, bodes badly for the U.S. and global economies.

Read the full article here

Source: American Journal of Transportation (AJOT), Photo by History in HD on Unsplash

 


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