
Guillermo А. Calvo
Chief Economist, Inter-American Dev. Bank, Professor, University of Maryland; Director, Center for International Economics.
Chief Economist, Inter-American Dev. Bank, Professor, University of Maryland; Director, Center for International Economics.
Less than two months into his second presidency, Donald Trump has imposed sweeping tariffs on America’s three largest trading partners, with much more to come. This strategy not only lacks any credible theoretical foundations; it is putting the US on a path toward irrevocable economic and geopolitical decline.