Top Economist Says Trump's Tariff Rollbacks Are A 'Remarkable Admission' That His Policies Raised Prices - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Apple (NASDAQ:AAPL)
President Donald Trump's recent decision to roll back specific tariffs to combat soaring consumer costs constitutes a “remarkable admission” that his signature trade policies have directly fueled inflation, argues prominent economist Justin Wolfers.Trump Administration Knew The Implications Of Tariffs On PricesWolfers, a University of Michigan professor and Brookings Institution Senior Fellow, contends the administration’s selective tariff cuts reveal they privately understand basic economic principles, eve ...