Gerald Cohen Chief Economist at UNC Kenan-Flagler Business School
WPTF Afternoon News · WPTF FM 92.9 AM 680
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Show Notes
President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others. Trump placed the elevated tariff rates on dozens of nations that run meaningful trade surpluses with the United States, while imposing a 10% baseline tax on imports from all countries. The president used aggressive rhetoric to describe a global trade system that the United States helped to build after World War II, saying “our country has been looted, pillaged, raped and plundered” by other nations. Gerald Cohen, Chief Economist at the UNC Kenan-Flagler Business School, joined Jeff Hamlin to discuss the tariffs.