Tariffs: A New Era 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 stronger economy, tariffs can help boost economic growth, increase employment opportunities, and improve overall living standards. As global trade policies continue to evolve, understanding the effects of tariffs on the US economy is crucial. Key factors such as international trade, economic policy, and job market trends will play a significant role in shaping the future of the US economy. By examining these factors, experts like Pettis can provide valuable insights into the potential benefits of tariffs.
