Archive · 29 Jul 2025

Did Trump's Tariffs Smash Economic Laws?

Did Trump's Tariffs Smash Economic Laws?

Imagine the US put taxes (tariffs) on things it buys from other countries.

Economists warned this would hurt the economy, like making everything more expensive and slowing things down.

However, so far, the economy is still growing, even though the tariffs have gone up.

Some people think it's too soon to know what will happen.

Others believe the tariffs aren't high enough to cause major problems.

Still others question if traditional economic ideas are correct, suggesting tariffs might have unexpected benefits, like the US getting more money.

So, it's still unclear how things will play out.

Sources