April 2 tariffs could bring a day of destruction and delusions

By The Hill   |   3 weeks ago
April 2 tariffs could bring a day of destruction and delusions

President Trump's focus on tariffs to reduce the trade deficit is criticized for its potential negative impacts on the economy. Despite Trump's belief in tariffs for boosting domestic manufacturing, history shows they can lead to higher consumer prices, retaliatory actions from trading partners, supply chain disruptions, and overall economic decline.

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