Tariffs: A New Era for US Economy, Jobs, and Wages?
2025-01-07
AOL
The US economy has undergone significant changes since the 1930s, when tariffs had a devastating impact. According to finance professor Michael Pettis, today's economy is ripe for a boost from tariffs, which could lead to increased US jobs, higher wages, and improved living standards. With a strong focus on economic growth and international trade, tariffs may be the key to unlocking a brighter future for American workers. As globalization and trade policies continue to evolve, Pettis' insights offer a fresh perspective on the potential benefits of tariffs. By examining the current economic landscape, it's clear that tariffs can be a valuable tool for stimulating economic growth and promoting employment opportunities.
