President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief economist at the International Monetary Fund.
Trump's tariff plans could devolve into hostile trading blocs, this expert says
Market Watch - 6 Jan 2025 14:32
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief economist at the International Monetary Fund.
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