Economists Warn Trump's Tariffs Are Unfavorable to U.S. Growth

The video discusses economists' perspectives on tariffs, highlighting their general opposition to tariffs and preference for free trade. It notes that many economists believe current fiscal and monetary policies are too stimulative and suggest raising interest rates. Corporations are confident in managing tariff impacts through price adjustments, but concerns remain if a trade war escalates. The trade impact is not yet evident in economic data, partly due to a manufacturing boom. Economists face challenges in predicting the effects of tariffs and retaliatory actions due to geopolitical complexities.

What is the general stance of economists regarding tariffs?

How do economists perceive the current fiscal and monetary policies?

What are the potential impacts of tariffs on corporate earnings according to the executives?

Why might the effects of tariffs not yet be visible in economic data?

What challenges do economists face in predicting the effects of retaliatory tariffs?