"I talked to a Yale colleague called Amit Khandelwal yesterday, who has done really detailed research on ... what happened last time Trump brought in tariffs. And before he did this research, economists believed that if you put up tariffs, a lot of the cost would be borne by the producers."
#RoryStewart, 2025
https://alastaircampbell.org/2025/04/395-trump-xi-and-how-china-outsmarted-america/
(1/2)
I certainly thought that was a possibility, and said so here a few times.
