Economists Question Trump’s Tariffs: Lacking Economic Justification

A group of prominent economists have publicly questioned the economic foundation of President Trump’s tariffs, presenting their concerns in a letter circulated this week. The economists argue that the tariffs lack a clear economic justification and could harm both domestic and global economies. The letter has ignited debate within financial circles and policymaking communities. 💰 The letter cites studies from Yale’s Budget Lab which highlight that these tariffs can disproportionately impact various sectors and the broader economy.