47 Economists Submit Legal Brief in Trump Tariff Case, Warning of Trade Policy Risks

A group of 47 economists has submitted an amicus brief in a legal case concerning former President Donald Trump’s tariff policies, highlighting concerns about their economic consequences. The experts argue that broad-based import taxes can disrupt supply chains, increase consumer prices, and provoke retaliatory actions from trading partners. According to the analysis, such measures may undermine overall economic efficiency and harm industries reliant on global markets. The economists emphasize that while targeted trade remedies exist, widespread tariffs do not align with established principles of open and competitive markets. Their input aims to inform judicial evaluation by offering empirical perspectives on macroeconomic impacts. The filing contributes to ongoing debates over the balance between protectionism and international commerce.
— news from marketplace.org

— News Original —
47 economists filed an amicus brief in Trump’s tariffs case. What’d they say? marketplace.org

Leave a Reply

Your email address will not be published. Required fields are marked *