Tariffs: A New Economic Boost for the US? Finance Professor Weighs In
2025-01-13
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 in place, tariffs may boost economic growth, increase employment opportunities, and raise wages. As the US navigates global trade, experts like Pettis argue that tariffs can be a useful tool for promoting economic development and improving the standard of living for Americans. By understanding the current economic conditions, policymakers can make informed decisions about trade policies and their potential effects on the economy. Key factors to consider include trade agreements, economic growth, and job creation.
