Top Economist Warns Trump's New Tariffs Are 'Same Rotten Policy' in a New Wrapper Even If They Survive Court: 'But They Will Fail To...'

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The Donald Trump administration has officially announced a sweeping new set of tariffs ranging from 10% to 12.5% on 60 designated trading partners—encompassing over 80 individual countries when accounting for the European Union—to replace expiring temporary duties.

However, prominent University of Michigan economist Justin Wolfers warns that while this latest framework may survive judicial scrutiny, it “will still fail our country” and represents a “new wrapper, same rotten policy.”