"We anticipate that American workers will incur the brunt of these misguided policies in the form of increased prices and the risk of a self-inflicted recession." Some of the high-profile signatories of the anti-tariff declaration include Nobel laureates James Heckman and Vernon Smith, the economist and former Republican Sen. Phil Gramm of Texas, and N. Gregory Mankiw, the chair of the Council of Economic Advisors under President George W. Bush. "We remain hopeful, however, that sound economic principles, empirical evidence, and the warnings of history will prevail over the protectionist mythologies of the moment," the letter added.
Author: John L. Dorman
Published at: 2025-04-19 21:31:15
Still want to read the full version? Full article
