Is The Risk To The US Economy From Tariffs Overstated?

The Liberation Tariffs: Worse Than an Oil Embargo?

The Trump Liberation Day tariffs are like high oil prices: they hurt Americans in ways both visible and invisible. The tariffs and high oil prices hurt both the official economy, as measured by my fellow economists, and the vibes-based, on-the-ground economy. In the month or so since Liberation Day—April 2—there have been endless takes on how the tariffs are likely to affect the economy over the next few years. Here, I’m going to shoehorn all of…

Is The Risk To The US Economy From Tariffs Overstated?

Joseph Adinolfi, MW Some analysts think the economy can handle the tariffs without a recession