So much for the notion that Donald Trump’s April 2025 “liberation day” reciprocal tariff announcement was a brilliant ploy for the United States to get many favorable trade deals from its trade partners without getting us stuck with permanently high import tariff levels. Four months later, at best, we have a handful of partial trade […]
Author Archives: Desmond Lachman
Desmond Lachman is a resident fellow at the American Enterprise Institute. He was formerly a Deputy Director in the International Monetary Fund’s Policy Development and Review Department and the chief emerging market economic strategist at Salomon Smith Barney.
