- Nobel laureate Paul Krugman warns that President Trump’s unpredictable and often reversed tariff policies are creating deep uncertainty, discouraging business investment and thus increasing the risk of recession. While concerns over inflation exist, Krugman emphasizes that the greater threat lies in declining investment in trade-sensitive sectors owing to the lack of stability in U.S. foreign policy.
If there’s one thing investors don’t like it’s uncertainty, and President Trump’s ever-evolving stance on tariffs is not helping matters.
