Inflation and Commercial War: The Morale of Americans in Free Fall

U.S. consumer morale has fallen unexpectedly to its second lowest level ever and inflation expectations have reached a record level in several decades, in the face of growing concerns about tariffs.

Professor of Colombia believes that she is dealing with China will be lasting, because market reactions were strong. And that nothing else will be said about tariff protectionism, because US president trusts in the short memory of Americans President Donald Trump's justifications for the commercial war are "economically illiterate", says American economist Jeffrey Sachs, an exhibit in the studies on development and sustainability.