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The Hidden Economic Costs of U.S. Tariff Policy

Author
This Week in Business
Published
Mon 14 Apr 2025
Episode Link
https://knowledge.wharton.upenn.edu/podcast/wharton-business-daily-podcast/the-hidden-economic-costs-of-u-s-tariff-policy/

Kent Smetters, Faculty Director of the Penn Wharton Budget Model, discusses findings from a new report showing how proposed U.S. tariffs may lead to long-term declines in GDP and wages, reduced foreign investment, and increased difficulty in managing federal debt.

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