Trump's Tariffs: Why the Finance World Says They're a Recipe for Disaster
2025-02-03
MSN
The finance world is united in its criticism of Trump's tariffs, with former Treasury secretary Larry Summers likening the policy to a self-inflicted wound. The Wall Street Journal's editorial board has also weighed in, dubbing it 'The Dumbest Trade War in History'. Experts warn of economic fallout, with potential consequences including trade war escalation, market volatility, and compromised economic growth. As the global economy teeters on the brink, one thing is clear: Trump's tariffs are bad news for business and investors alike, sparking fears of a looming recession and highlighting the need for savvy investment strategies and economic stability.
