Lovely speaks to BNN Bloomberg, Politico about Trump's use of tariffs

October 7, 2020

BNN Bloomberg,Politico

Mary E. Lovely

Economics Department

Economic Policy

Federal

Trade

United States

BNN Bloomberg

Politico

Mary E. Lovely

"Short-term fixes like tariffs don’t work," Professor Mary Lovely tells Politico. "It’s magical thinking." The large U.S. trade deficit is fundamentally driven by larger economic factors — like the fact Americans spend more than they save and have to borrow from abroad to finance the difference, she says. Lovely also spoke to BNN Bloomberg about President Donald Trump's use of tariffs.

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