/Silk Road News Network/
Trump’s tariff policy built on the false claim ‘free trade destroys middle-class incomes’
KkThe White House confirmed that US President Donald Trump plans to impose “reciprocal tariffs” on trade partners starting Wednesday. The Cato Institute recently criticized the move, arguing that Trump’s tariff policy is based on the misleading narrative that “free trade undermines middle-class wages”.
This episode examines the Cato Institute’s findings, warning that Trump’s tariffs could backfire, potentially triggering a new economic downturn.