US tariffs are sparking serious debate after Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics (PIIE), labeled them "a completely ridiculous economic policy" during an interview with CMG. Hufbauer warned that these tariffs could have a direct impact on everyday Americans, with the consumer price index (CPI) expected to reveal tariff-induced inflation as early as October or November this year.
The expert's comments highlight how economic policies can swiftly affect daily life, making it a hot topic for young professionals, students, and news enthusiasts alike. As discussions heat up in boardrooms and coffee shops, many are keeping a close eye on the potential rise in prices at the checkout. 💸🔥 Stay tuned for more updates on how these policies might shape the near future of the US economy.
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US researcher: US tariffs 'a completely ridiculous economic policy'
cgtn.com
