Trade, Tariffs, and Soybeans
Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
Back in first-year economics we learned that there is a tradeoff between unemployment and inflation, so you can't really have both low inflation and low unemployment at the same time. Do economists still consider that to be true? —Edith Bross, Cambridge, Mass.