Reported about 15 hours ago
In light of President Trump's proposal for a 50% tariff on the European Union, economist Ryan Young discusses the potential economic repercussions and the importance of Congress intervening. He highlights the interconnected nature of imports and their vital role in U.S. manufacturing, expressing concern that such tariffs could harm both the economy and international relations. Young believes that Trump's tariff strategy is lacking a coherent rationale and that it's crucial for Congress to step in to prevent further escalation.
Source: YAHOO