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Newspaper Donal Trump Tariff Impact

Discussion in 'Báo - Tạp chí tiếng nước ngoài' started by Phan Thanh Phung Thien, Apr 15, 2025.

  1. Phan Thanh Phung Thien

    Phan Thanh Phung Thien Lớp 2

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    Good article about the new policy of America
     
    Phan Thanh Phung Thien, Apr 15, 2025
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  2. Phan Thanh Phung Thien

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    Many trade models fail to capture the full harm of tariffs. PWBM projects Trump’s tariffs (April 8, 2025) would reduce GDP by about 8% and wages by 7%. A middle-income household faces a $58K lifetime loss. These losses are twice as large as a revenue-equivalent corporate tax increase from 21% to 36%, an otherwise highly distorting tax.
     
    Phan Thanh Phung Thien, Apr 15, 2025
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