Driving Off a Cliff?
Donald Trump’s tariffs will make the U.S. auto industry less competitive and leave the industry out of step with the auto market's shift to EVs.
James K. Galbraith, who teaches economics at the UT-Austin, stopped by the Dollars & Sense booth at the ASSA (see recent posts). He also sent along a link to an audio recording of his panel discussion with former labor secretary Robert Reich and New York Times economics reporter David Cay Johnston. I was sorry to have missed the panel—there was a bit of a buzz about it at the conference (at least among the sorts of people who visited the D&S booth).
Here is what he said about it:
This link