Economist Richard Wolff warns the U.S. faces decline, as failed tariffs, mass deportation threats, and global shifts erode its power, leaving America isolated abroad and unstable at home.
“Tariffs are hugely injurious, not only to small business owners, but also to job creation prospects.” — Dilawar Syed, former deputy administrator, US Small Business Administration
“Much of this is self-inflicted. If we turn the page on tariffs by locking them in or by rolling them back, I think the economy would slowly start to recover. But there's been no signals of Trump changing his tune.” — Stanford economist Dr. Neale Mahoney.
India and China’s continued purchases of crude oil from Russia may factor heavily into tariff negotiations with the US, said Dr. Anil Deolalikar, professor of economics at the University of California, Riverside.
Aug 15 | President Trump unveils plans to impose tariffs on at least 90 countries, including major economies like China, India, Brazil, and Mexico. Experts examine the potential effects on U.S. consumers, workers, and small businesses.