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    Eine Gruppe von Top -Ökonomen ist im Umlaufbrief, in dem Trumps Tarife "keine Grundlage für die wirtschaftliche Realität" haben
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    Eine Gruppe von Top -Ökonomen ist im Umlaufbrief, in dem Trumps Tarife „keine Grundlage für die wirtschaftliche Realität“ haben

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    2. T_Shurt on

      As per [original article](https://www.businessinsider.com/trump-tariffs-economists-academics-trade-policy-letter-2025-4) 📰:

      – Dozens of leading economists and academics have taken issue with Trump’s tariff plan.

      – The economists, including two Nobel laureates, signed a declaration criticizing Trump’s trade war.

      – The signatories were especially critical of Trump’s “reciprocal” tariffs.

      Dozens of economists — including two Nobel laureates — have signed a letter criticizing President Donald Trump’s tariff policy, calling it “misguided” and warning it could cause a “self-inflicted recession.”

      In an “anti-tariff declaration” that as of Saturday afternoon had been signed by nearly 900 people, the writers warned that the timeline to undo the Trump administration’s “incoherent and damaging policies” on trade is narrowing.

      “The proponents of tariffs portray these measures as acts of ‘economic liberation.’ Instead, tariffs invert the principles of liberty that ushered in an American-led age of human freedom and prosperity,” the letter reads.

      “The current administration’s tariffs are motivated by a mistaken understanding of the economic conditions faced by ordinary Americans,” it continues. “We anticipate that American workers will incur the brunt of these misguided policies in the form of increased prices and the risk of a self-inflicted recession.”

      Trump has said the tariffs are meant to reverse a persistent overall trade deficit. He has also argued that the tariffs will boost the country’s manufacturing industry, which has seen many jobs shift overseas. Earlier this month, the president said there might be some “transition problems” but encouraged Americans to stay the course.

      Some of the high-profile signatories of the anti-tariff declaration include Nobel laureates James Heckman and Vernon Smith, the economist and former Republican Sen. Phil Gramm of Texas, and N. Gregory Mankiw, the chair of the Council of Economic Advisors under President George W. Bush.

      The signatories were especially critical of Trump’s “reciprocal” tariffs. “The ‘reciprocal’ tariff rates being threatened and imposed by the United States upon other countries are calculated using an erroneous and improvised formula with no basis in economic reality,” the letter reads.

      Still, the signatories expressed optimism that their worldview would ultimately win out.

      “We remain hopeful, however, that sound economic principles, empirical evidence, and the warnings of history will prevail over the protectionist mythologies of the moment,” the letter added.

      For years, conservatives have overwhelmingly backed Trump’s economic plans. Trump’s tariff policy, however, has been met with increased resistance from within, including seven GOP lawmakers who earlier this month signed on to support a bill that would remove tariffs after 60 days if a president imposes them without congressional approval.

      Since the start of Trump’s second term, the president has floated, put into effect, and pulled back on a number of tariffs.

      On April 2, which Trump dubbed “Liberation Day,” he announced sweeping tariffs for countries around the globe. One week later, he issued a 90-day pause on the highest tariffs, keeping a 10% baseline rate for most nations.

      Trump has disrupted long-standing economic and political alliances with Canada and Mexico, and he remains locked in an ongoing trade war with China. The administration last week exempted many tech products from the tariffs on China, but Commerce Secretary Howard Lutnick later indicated that those exemptions were only temporary.

      Trump’s actions in recent weeks have led to volatility in the stock and bond markets, and many economists have previously criticized the administration’s back-and-forth trade strategy.

      The White House did not immediately respond to a request for comment by Business Insider.

    4. muchnycrunchny on

      Trump hates academics. He will just say they are all corrupt leftists, even if most economists are right-wing.

    5. Spirited-Top3307 on

      Where is the message? It is not the first time that Trump has made false claims that are completely unfounded and he is lying. Why should it be any different with his wonderful punitive tariffs?

    6. fabe1haft on

      No basis in reality, totally unlike that Ukraine started the war, China is ready to invade Greenland, Putin is a great guy and US territory must be expanded?!

    11. barryvm on

      They’re missing the point. Economics was never a consideration here. The tariffs are designed around Trump’s ego and the emotions of his followers. He wants other countries to come to him cap in hand to kiss the ring, they see everything as a zero sum game so „punishing“ other countries will somehow benefit the USA.

      That’s all there is to it, other than that certain people saw an opportunity to enrich themselves through insider trading.

    13. Ohuigin on

      Similar to how his regime’s gestapo bullshit has no basis in a democratic reality.

      Fuck the Trump regime.

    14. Low_Minimum2351 on

      They’re just not understanding the 5D strategy driving his financial policy

    16. Helpful-Isopod-6536 on

      He will all caps rant that it’s fake news from the radical left and his cult followers will lap it up.

    18. slagmacg on

      A group of top health officials are circulating a letter saying that the administrations health policies have no basis in reality.
      A group of top lawyers are circulating a letter saying that the administrations immigration policies have no basis in reality.
      Etc.

    19. Krunkledunker on

      And water is wet too! Don’t forget that when we all state super obvious shit like no one already knew

    20. dkran on

      We should flash back to trumps speech at the economic forum of Chicago last year… 🤦‍♂️

      It’s almost like we could have seen it coming

    21. Invalid_Uername on

      A letter.

      ….

      No one reads those. But they can do a TikTok or reel? Like seriously, I know it sucks, but if you want a message to get out you have to promote.

    26. Romano16 on

      Nothing MAGA has said or does has any basis in reality. But America would rather learn the hard way.

    27. Independent-Roof-774 on

      Trump’s policies have no basis in **any** kind of reality.    His public health policies, his environmental policies, his immigration policies, his interpretations of the Constitution, his foreign policy (e.g., „Ukraine started the war“).     

      …Which brings me to my point. What right do rational people have to impose their rationality and logic on their fellow citizens?     That’s nothing more than a epistemological bullying.    Trump and his followers have a right to their own epistemology just as you and I do.    Just because I’m an advocate of logical empiricism do I have a right to impose my logical empiricism on other people? Just because I think that conclusions should be based on facts, what right do I have to force anyone else to think like that?  There have been many different epistemological systems since civilization began. I happen to think that human bodies work on the basis of molecular biology that’s consistent with biochemistry and physics. But if RFK Jr wants to believe in vapours and vital forces and The Law of Similars, then in a free society he has a right to.  In the interest of freedom and liberty we should all be willing to stand up against epistemological elitism! 

      /s

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