
Yale Lab: US Tariffs Persistently Shrink the Economy
Yale Budget Lab’s Natasha Sarin says US tariffs divert resources to low-productivity sectors, raising prices and shrinking the economy for the long haul.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
Yale Budget Lab’s Natasha Sarin says US tariffs divert resources to low-productivity sectors, raising prices and shrinking the economy for the long haul.
U.S. small firms warn of bankruptcy as Trump-era tariffs squeeze export revenue and cash flow, while Walmart signals price hikes ahead amid narrow margins.
Tariffs on imports may trim deficits but risk disrupting global supply chains, hiking consumer costs and even rattling the dollar—why they could be a dead end.
US GDP growth slows to 2.3% in Q4, Europe remains stagnant, and China surges as Trump’s 25% tariffs on Canada and Mexico take effect.