Economist Art Laffer Explains Why Tariffs Do Not Lead to Inflation
Economist Art Laffer discussed tariffs on Fox Business, asserting that import taxes won’t lead to inflation, as the negative effects on prices would be balanced by reductions in export prices. After President Trump announced mutual tariffs with various countries on April 2nd, he later called for a 90-day “suspension” of these tariffs. On the show […]
Laffer: Tariffs could wreak havoc on economy
Famous conservative economist Art Laffer said in a new interview that President Trump’s tariffs could potentially deprive the economy of the economy. “People who see the facts don’t know how to argue that protectionism doesn’t cause a recession,” Laffer said. I said in the interview There will be Axios on Wednesday. “The more protectionism, the […]