Trump’s Tariff Chaos Could Leave America Paying a ‘Moron Premium’, Warn Economists!

Trump Brings Britain’s ‘Moron Premium’ to the U.S. Economy

When Donald Trump launched his tariff war on April 2, lawmakers in Europe struggled to understand the strategy. Was it a bluff, or did he really mean to collapse global trade, stock markets, and the Western alliance in one reckless game of 4-D chess?On April 9, however, the president discovered something that we in the United Kingdom already know: Against the bond market, there is only 2-D chess, and you always lose. Because the Brits have been …

Trump’s Tariff Chaos Could Leave America Paying a ‘Moron Premium’, Warn Economists!

Experts warn that Donald Trump's erratic economic policies and escalating trade war with China could saddle the U.S. with its own version of the UK’s infamous “moron premium.”

Economic Misunderstanding, Tariffs, and the “Moron Risk Premium” - WhoWhatWhy

Trump’s latest tariffs have created what economic analyst Matthew Klein calls a “moron risk premium” on US assets — a tangible cost of policy confusion that’s rippling through global markets.  Beyond the prospect of raising prices for American consumers, these hastily implemented tariffs have sparked unprecedented reactions:  The dollar is weakening when theory suggests it should strengthen. Allies are rebuilding their economic frameworks to red…

The moron premium - Lawyers, Guns & Money

The recent experience of the United Kingdom constituted good advice the American electorate refused to take. First Brexit: Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years after the Brexit referendum, it is still reckoning with the costs. The …

Over the past few weeks, the announcement of the trade war by the Trump administration has revived the debate on the economic effects of protectionism. Its promise to impose trade barriers as a method of defending US industry and employment recalls one of the most studied episodes in the 20th century: the Smoot-Hawley law of 1930. A tariff policy that damaged international trade and aggravated the economic crisis of 1929, known as the Great Depr…

EA-Times Radio VideoCast: "Trump is a Bully...and an Economic Moron" - EA WorldView

"Trump's legacy is that he's a wannabe bully, trying to rip apart the international system, undone by the fact that he is an economic moron." The post EA-Times Radio VideoCast: “Trump is a Bully…and an Economic Moron” appeared first on EA WorldView.