negative economic impact

  • Economist Gita Gopinath

    Economist Gita Gopinath's Analysis Reveals Trump Tariffs Delivering Negative Results for US Economy

    Oct 08, 2025 10:51 am CST

    Former IMF Chief Economist Gita Gopinath has conducted a six-month assessment of President Trump's controversial tariff policies, concluding they have primarily functioned as a tax on American businesses and consumers while failing to improve manufacturing or trade balance. Her analysis reveals these protective measures have increased inflation in certain sectors without delivering the promised economic benefits, adding expert validation to growing concerns about the administration's aggressive trade approach.