Reported 8 months ago
Sixteen Nobel laureates in economics have issued a joint letter warning that a return to the White House by former President Trump would reignite inflation crises in the US and globally. They highlighted concerns over Trump's proposed heavy taxes on imports from China, stating that it would burden American consumers. The economists emphasized that President Biden's economic policies far exceed those proposed by Trump, as they fear Trump's second term would damage the US global economic position and have destructive consequences domestically. The first presidential debate between Biden and Trump, with economic policies as a central focus, is scheduled to take place this week.
Source: YAHOO