The founder and CEO of investment firm Citadel on Tuesday called aggressive trade talk from the new administration as a 'huge mistake,' producing chaos that in Griffin's view poses an 'impediment' to ...
But Trump's new steel, aluminum and reciprocal tariffs will boost inflation. Big tariffs on Canada, Mexico, Europe, Japan and others will weaken those economies, encourage retaliation against the U.S.
Consider the various Trump “tariffs” leveled by an exasperated, and now $36 trillion-indebted, America. Almost none of them meet the traditional definitions of an industry-protecting tariff.