Latest / Brookings Podcast on Economic Activity
Why haven't tariffs significantly damaged the economy?
The tariff increases during the second Trump administration have been historic in their magnitude and scope, dwarfing even those from Trump's first term. Many feared that these tariffs would have dramatic impacts on the economy, but for the most part, the tariff impacts have been muted in the U.S. In a new BPEA study, Pablo Fajgelbaum and Amit Khandelwal document the effects of Trump's tariffs, what goals they have (or have not) accomplished, and where the costs have fallen. On this episode of the Brookings Podcast on Economic Activity, the authors speak with Kari Heerman, Brookings' director…
The skinny
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