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More than a thousand economists have joined forces to oppose the Trump administration's tariff increase

On April 22, according to the Anti-Tariff Statement website, many well-known economists, including two Nobel Prize winners in Economics, jointly issued a statement opposing the large-scale implementation of the Trump administration through executive orders since taking office in 2025. Unilateral tariff increases. The statement criticized the policy for repeating the protectionist mistakes of the Smoot-Hawley Act of 1930, distorting markets, harming consumer interests, and violating free trade and constitutional principles. The statement called for a return to the founding values of "peace, business and honest friendship." Currently, the "Anti-Tariff Declaration" has been jointly supported by more than 1368 academic and policy figures.

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