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Examining the Potential Impact of President Trump’s Tariffs
How will President Donald Trump’s sweeping tariffs impact the average Americans? Worldwide tariffs on steel and aluminum are already in place. Plus, reciprocal tariffs on all imports are set to take effect in less than two weeks. These will have short and long term effects on American consumers, but those effects won’t take place in a vacuum. Trump’s domestic oil production plan, his deregulation efforts, and potential taxes cuts also need to be considered to estimate the full impact of the 47th president’s policies. Here to examine that impact is Vance Ginn, former Chief Economist at the Office of Management and Budget; and Michael Busler, Professor of Finance, Stockton University.
Examining the Potential Impact of President Trump’s Tariffs
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