Faculty News

In a radio interview, Professor Lawrence White discusses President Trump's decision to delay tariffs on some Chinese goods until December

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Excerpt from Knowledge@Wharton -- "Up till now, it's been easier to fuzz it up and—with tariffs on steel and aluminum, you know, economists, other trade-oriented people, understand that's going to basically work it through to... final prices. But now we've got the tariffs on the final goods themselves. Mr. Trump is trying to play both sides of the street by saying he still doesn't think that... he still believes that China is paying, but just in case, and so he's playing both sides of the street."