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‘The Economist’ editor unpacks the ‘biggest trade policy shock’ of Trump’s tariffs

  • President Trump's tariffs have disrupted the global economy and led to turmoil in stock markets.
  • Zanny Minton Beddoes, editor-in-chief of The Economist, described the tariffs as the biggest trade policy shock in history due to their scale and uncertainty.
  • Economists warn that tariffs will ultimately hurt consumers by raising prices on imported goods, as they effectively act as taxes on purchases.
  • The U.S. Is seen as undermining its trade alliances, which may lead to a retaliatory economic battle and allow China to exploit the situation.
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Portfolio.hu broke the news in on Tuesday, April 8, 2025.
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