One of President Donald Trump’s top economic advisers argued in a Thursday editorial for The Wall Street Journal that the Iran war will lower energy prices.Expert economists who spoke to AlterNet strongly disagree.Peter Navarro, the White House senior counselor for trade and manufacturing and one of the chief architects of Trump’s tariff policy, argued in the Journal that Iran “has imposed a hidden tax” on the economy by limiting their growth an…
Whether the conflict in the Middle East ends soon or if it continues, the market is already drawing a consensus: some big companies will come out well.