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The Hidden Economic Costs of U.S. Tariff Policy

The Hidden Economic Costs of U.S. Tariff Policy

Faculty Director of the Penn Wharton Budget Model explains how tariffs could reduce growth, wages, and investment.

This Week in Business · Wharton Podcast Network

April 14, 20258m 0s

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Show Notes

Kent Smetters, Faculty Director of the Penn Wharton Budget Model, discusses findings from a new report showing how proposed U.S. tariffs may lead to long-term declines in GDP and wages, reduced foreign investment, and increased difficulty in managing federal debt.

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