Ifo Institute: Trump's Tariff Policy is Damaging the US Economy
June 04, 2025
June 04, 2025
MUNICH, Germany, June 4 -- ifo Institute issued the following news release:
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Trump's Tariff Policy is Damaging the US Economy
US President Donald Trump's tariff policy will damage the US economy, according to ifo President Clemens Fuest. Although the planned increase in import tariffs could lead to additional revenue in the short term, it would significantly slow down US economic growth and further exacerbate the deficit in the national budge . . .
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Trump's Tariff Policy is Damaging the US Economy
US President Donald Trump's tariff policy will damage the US economy, according to ifo President Clemens Fuest. Although the planned increase in import tariffs could lead to additional revenue in the short term, it would significantly slow down US economic growth and further exacerbate the deficit in the national budge . . .