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Analyst: There are fundamental contradictions in Trump's tariff plan "

Online reported that market analyst Allison Morrow said that for Trump, who promised to lower consumer prices on the first day of the campaign, his first major economic move was a set of policies almost guaranteed to be counterproductive. Tariffs would raise prices, curb economic growth and make the United States more likely to fall into recession. Critics of the tariffs worry about the fundamental contradictions of Trump's plan, which he believes are a universal economic tool that can restore U.S. manufacturing power, restore trade balance, and bring in large amounts of money to help the United States repay its deficit and reduce the tax burden on Americans. While tariffs can achieve some of these goals, they cannot achieve both goals.

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