assessing the impact of tariffs in the trump administration's economic policy

The former President is planning to return to office and focus on reinstating significant tariffs, a policy that has sparked debate among economists.

An expert, Kimberly Clausing, who is a UCLA professor and former lead economist in the Biden administration's Office for Tax Policy, discusses the implications of these tariffs. While concerns about their potential destructiveness persist, the Biden administration's retention of most tariffs has not derailed economic strength.

The ongoing discourse highlights the complexities of protectionism in the current economic landscape. As the situation evolves, experts continue to analyze the potential impacts of these trade policies on both domestic and global markets.

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