Nobel economist lays out '3 types of lasting damage' from Trump's economic 'rampage'

Nobel economist lays out '3 types of lasting damage' from Trump's economic 'rampage'

When Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent are interviewed by friendly media outlets, they typically argue that President Donald Trump's steep new tariffs will create enormous prosperity in the United States. But liberal economist Paul Krugman has a very different view.In a Substack column posted on October 30, Krugman warns that even if Trump abandoned his protectionist trade policy, the U.S. economy would suffe…