Trump is returning to workplace with lots of the similar insurance policies that characterised his final time period. And for economists, none looms bigger than the prospect of serious new tariffs. However are tariffs actually as harmful as feared? In any case, the Biden administration maintained most of them and the financial system has remained robust. At present on the present, we put the query to Kimberly Clausing, a professor at UCLA, and previously lead economist within the Biden administration’s Workplace for Tax Coverage.
Soumaya Keynes writes a column every week for the Monetary Instances. You will discover it here
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