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.
The following interview with Gerald Epstein, contributor to Triple Crisis blog, professor of economics at the University of Massachusetts Amherst, and co-director of the Political Economy Research Institute (PERI), is based on his article “Trumponomics: Should We Just Say ‘No’?” forthcoming from Challenge magazine. The full article is available for download on the PERI website here. Cross-posted at our sister blog, Triple Crisis.