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Thursday, June 12, 2025

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Luis Napoles Medina

The cost of coming home: are tariffs and trade deficits really so bad?

  • The notion of a trade deficit signalling economic weakness is misleading. Meanwhile, domestic production prompted by tariffs simply costs more.
Opinion | BY LUIS NAPOLES MEDINA | June 11, 2025
Donald Trump
Donald Trump
Part of the logic behind U.S. President Donald Trump’s push for tariffs is a desire to bring production back home, but the consequences could hit local economies hard, writes Luis Napoles Medina. White House photograph by Gabriel Kotico

The cost of coming home: are tariffs and trade deficits really so bad?

Opinion | BY LUIS NAPOLES MEDINA | June 11, 2025
  • The notion of a trade deficit signalling economic weakness is misleading. Meanwhile, domestic production prompted by tariffs simply costs more.

The cost of coming home: are tariffs and trade deficits really so bad?

Opinion | BY LUIS NAPOLES MEDINA | June 11, 2025
  • The notion of a trade deficit signalling economic weakness is misleading. Meanwhile, domestic production prompted by tariffs simply costs more.
Donald Trump
Part of the logic behind U.S. President Donald Trump’s push for tariffs is a desire to bring production back home, but the consequences could hit local economies hard, writes Luis Napoles Medina. White House photograph by Gabriel Kotico
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