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The Coming Recession: The Result of Tariffs Promised by Trump
Many economists argue that Trump’s tariff policies were a major contributing factor to economic stagnation and the looming threat of recession that we are facing today.
The Coming Recession: The Result of Tariffs Promised by Trump
As we look back on the economic policies and rhetoric of former President Donald Trump, one issue that stands out is his aggressive push for tariffs.
While Trump’s promise of tariffs may have been portrayed as a bold move to “put America first” and protect domestic industries, the real cost has been far-reaching and damaging—pparticularly for American workers, consumers, and the broader global economy.
In fact, many economists argue that Trump’s tariff policies were a major contributing factor to economic stagnation and the looming threat of recession that we are facing today.
The Trump Tariff Legacy
Trump’s tariffs were primarily targeted at China, but they extended to other trading partners like the European Union, Canada, and Mexico.