"There is almost complete consensus among economists that tariffs are inflationary. As far as I can tell, the only dissenters are economists who work, directly or de facto, for the Trump administration. After all, a tariff is basically a selective sales tax imposed on goods produced abroad."

~ Paul Krugman

#Trump #tariffs #economy #inflation #taxes #economists
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https://paulkrugman.substack.com/p/its-beginning-to-smell-a-lot-like