Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Brendan Rascius

Trump’s tariffs have done ‘significant damage’ to US economy, top financial group warns

Over a year has passed since President Donald Trump’s “Liberation Day,” when he rolled out a sweeping tariff regime, imposing steep duties on most foreign imports and fundamentally reshaping U.S. trade policy.

Now, the numbers speak for themselves, and they're deeply troubling, according to Mark Zandi, chief economist at Moody’s Analytics, an arm of the long‑established global risk‑assessment group.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.