White House Eyes Punishment for Economists Who Disagreed on Tariffs
Despite Donald Trump’s consistent rejection of economic analyses, evidence accumulated over the course of his second term has definitively shown that American consumers are bearing the brunt of his trade tariffs. Nearly a year after the tariffs were implemented, multiple studies, including one by the Federal Reserve Bank of New York and Columbia University, found that approximately 90% of the economic burden fell on domestic firms and consumers, rather than foreign entities. This overwhelming consensus among economists and researchers has been met with dismissal from the White House, with a top advisor even suggesting disciplinary action for the authors of a critical Federal Reserve study.
John Q. Hosedrinker