Managerial Econ
Economic Analysis of Business Practice
Monday, December 15, 2025
President Trump vs. Economists on Tariff Predictions
WSJ:
Why Everyone Got Trump’s Tariffs Wrong
Economists were right that Tariffs would push up
inflation
(it went up slightly) and have little effect on the
trade deficit
(it didn't move much). President Trump was right when he predicted they would raise a lot of money.
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