korrents

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The 2025 American tariffs did not reduce the trade deficit they were imposed to reduce.

Drawn from what Paul Krugman said

What this subject means

tariffs Taxes on imports: whether they close a trade deficit, what they do to prices, and what they are really for.

Do tariffs do what they are imposed to do?under our view: The counts came in and the tariffs did not do the things they were imposed to do

What Paul Krugman actually said

  1. Paul Krugman Trade economist, Nobel laureate in 2008 for his work…
    In fact, the U.S. trade deficit for all of 2025 was about the same as it was in 2024.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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