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Economist Exposes Trump's Tariff Miscalculations, Warns of Economic Harm

4/8/2025

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Summary

Story summary

Brent Neiman, a Chicago economist, has taken aim at the Trump administration's tariff calculations, claiming they were inflated by four times. He warns that trade deficits stem from various factors beyond just protectionism and raises alarms about the potential harm these tariffs could inflict on the U.S. economy.

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Story summary

Brent Neiman, a Chicago economist, has taken aim at the Trump administration's tariff calculations, claiming they were inflated by four times. He warns that trade deficits stem from various factors beyond just protectionism and raises alarms about the potential harm these tariffs could inflict on the U.S. economy.