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Benzinga

Business

Vishaal Sanjay

Trump's Trade Deals Have A Hidden Cost, Says Economist Peter Schiff: Less Demand For Treasuries, Higher Prices For Consumers

Peter Schiff Donald Trump United States Inflation Interest Rates Japan

Flags,Of,America,And,China,Atand,On,Table,During,Talks

Economist Peter Schiff warns that President Donald Trump’s trade deals, which involve commitments for purchasing more U.S. goods, could have unintended consequences for inflation and treasuries.

What Happened: On Monday, in a post on X, Schiff flagged concerns regarding the commitments made by foreign governments to purchase more American goods.

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