Archive · 23 Aug 2025

Economist Slams Trump's Trade Moves and India Relations

Economist Slams Trump's Trade Moves and India Relations

A top economist, Steve Hanke, is worried about how the U.S. is handling trade and relationships with other countries.

He thinks President Trump's trade policies, like tariffs, are hurting the U.S. economy.

Hanke also questions Trump's shift away from India and towards Pakistan, believing it's a strategic move.

He points out that China has a strong position in important industries, which gives them power.

Hanke thinks tariffs make things more expensive for Americans and could cause the economy to slow down.

He compared it to a path toward destruction.

Essentially, the economist is saying that the current trade strategies could lead to problems for the U.S.

Sources