Trump Tariffs Panned by Bernanke, Yellen at Supreme Court

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen, along with a group of economists, have urged the US Supreme Court to overturn most of President Donald Trump's tariffs. The economists argue that the tariffs are based on misconceptions about the global economy. They assert that the tariffs have had negative impacts on US consumers and businesses, and that they do not effectively address the issues they were intended to solve. The economists maintain that the tariffs are not an appropriate policy tool and have not achieved their desired goals. They are calling for the Supreme Court to intervene and overturn the majority of the tariffs imposed by the Trump administration.
Source: For the complete article, please visit the original source link below.