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Trump’s tariffs and trade wars are costing consumers and businesses

“President Donald Trump regularly declares that he’s winning his trade wars. Yet evidence is growing that the U.S. economy is a net loser so far.” Writing for Bloomburg News,Shawn Donnan reports: “economists from the Federal Reserve Bank of New York, Princeton University and Columbia University found that tariffs imposed last year by Trump on products…

Trump’s tariffs and trade wars are costing consumers and businesses

“President Donald Trump regularly declares that he’s winning his trade wars. Yet evidence is growing that the U.S. economy is a net loser so far.” Writing for Bloomburg News,Shawn Donnan reports: “economists from the Federal Reserve Bank of New York, Princeton University and Columbia University found that tariffs imposed last year by Trump on products…