Tariffs: The Game-Changer for US Economy, Jobs, and Wages?
2025-01-05
Fortune on MSN.com
The US economy has undergone significant changes since the 1930s, and according to finance professor Michael Pettis, tariffs could now have a positive impact on US jobs, wages, and living standards. With a new economic landscape, tariffs may boost economic growth, increase employment opportunities, and raise the standard of living for Americans. As the US navigates global trade, experts like Pettis suggest that tariffs could be a key factor in shaping the country's economic future, driving economic development and improving trade balances. This shift in perspective highlights the potential benefits of tariffs in today's economy, including increased economic prosperity and competitiveness.
