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More than 1,000 economists sign a petition opposing the Trump administration's tariff increase policy

More than 1,000 economists sign a petition opposing the Trump administration's tariff increase policy

CointimeCointime2025/04/22 02:29
By:Cointime

according to the Anti-Tariff Declaration website, a joint statement was issued by many well-known economists, including two Nobel laureates in economics, opposing the large-scale unilateral tariff measures implemented by the Trump administration through executive orders since taking office in 2025. The statement criticizes the policy as a replay of the protectionist errors of the 1930 Smoot-Hawley Act, distorting the market, harming consumer interests, and violating the principles of free trade and constitutionalism. The statement calls for a return to the founding values of "peace, commerce, and honest friendship," and currently the "anti-tariff declaration" has been supported by more than 1368 academics and policymakers.

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