Outside voices: Imagining what Trump tariffs might mean for the economy

Imagine former President Trump, if he reassumes the White House, doing what he has promised on the campaign trail, including across-the-board increases on all imports and bigger tariffs on China goods, as this Peterson Institute for International Economics analysis does. The authors attempt to ascertain how promises enacted, from tariffs to mass deportations to heightened influence over the Federal Reserve, would impact the international economy. Candidate Trump says his plan, enacted, will yield soaring income, an end to inflation, expansion...