
The Hub
February 9, 2025 at 11:48 PM
*Anil Wasif: The real reason for Donald Trump’s tariffs*
“Tariffs serve as an initial policy lever, generating revenue and boosting domestic manufacturing by making foreign imports less competitive, with Miran arguing that currency markets—if left to adjust—would mitigate inflationary risks through depreciation in tariffed economies. As trade partners respond, a broader currency realignment is set in motion, devaluing the U.S. dollar to enhance export competitiveness while discouraging excessive foreign reserves of U.S. assets.”
Read the full article on our website: https://thehub.ca/2025/02/03/anil-wasif-trumps-tariffs-are-here-now-what/
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