An Economist stated Tim Donald Trump In order to justify his aggressive tariff shocks accused the US government to misinterpret his work and “recession“.
The article that brought Pau with Pujolas, an associate professor at McMaster in Canada, was one of the five bibliographic references used by a white house that supports the cleaning of Trump was imposed on the rest of the world. Study 2024. Explores who would win the trade war between the United States and China.
But Pujolas said there was a “huge gap between my studies and What does the white house do. It’s anger. ”
Article, entitled “Trade Deficit in Trade Wares”, concludes that in the trade war between the two countries, the one with a Trade deficit wins.
The chairman of the Trump Council of Steve Steve Economic Advisors, are located on Monday, when the case has made a Trump strategy.
“They show that I am making tariffs on export countries, the United States can improve economic outcomes, increase revenues and impose huge losses on the tariff nation, even with full retaliation,” he said.
However, referring to Trump, which represent with the Grand Tariff Committee of the Earth Country, Catalan Economist Pujolas said for Spanish newspapers Country About many ways in which the President plan differs from his theoretical study.
“The peaceful and Council of Economic Advisors are very smart, but I know that what the White House does not work is not necessarily what they tell them,” he said. “The Formula and Trump Tables used as Moses have nothing to do with my article or articles state.
“We have created a very comprehensive model and have requested whether the United States will benefit from the optimal tariff in China, and that they have already lost its model, and they are transcended by China: trade war against the European Union, with which they have a minor deficit, no sense.”
The Pujolas added that the model, based on 2014. The years that fore the Trump’s arrival at the political phase is not a “messy leader who wants Greenland or wants to make Canada 51st.”
Nothing is free on the blog, also pointed out “The gain from the tariff comes only at the cost of impoverishment of our neighbors; if our neighbors play Tit-for-Tat, we (almost always) at the end.”
Pujolas is not the only person that Trump states that she criticized the economic policy of the President. University of Chicago Professor of Economy Brett Neimno, earlier official cash register, said the White House received tariff rates “very wrong.”
He continued that the Trump administration had given wildly covered tariff rates placed on almost all countries that export to the United States by writing a visiting essay for New York Times, He said, “I do not agree in the basic trade policy and access to the Government.”
“Even getting worth in a relationship, our findings suggest that calculated tariffs should be dramatically less – perhaps one quarter as big.”
Neiman called for the tariffs to be completely abolished.
Caused by tariff mountains Stock exchange worldwide to the tank on Monday as some of Trump Alliances including Bill Ackmancalled for a review.
Trump rejected panic and said “sometimes you have to take medicine to resolve something” while threatening to raise import fees even further against China, unless Peking descended your devotional measures.
The president has since insisted on his economic strategy “War with the World” in search of fair trading conditions for the United States.