The Inquisitor: Trump’s tariffs are a disaster – Woody Brock
Robert Huebscher | Portfolio Construction Forum | 02 May 2025
President Trump’s protectionism and the uncertainty resulting from his policy changes make a US recession quite likely, according to Woody Brock. While some people argue that US trade tariffs will boost the domestic economy, history shows that such policies will more likely reduce international trade and increase unemployment around the world. Indeed, in today’s highly interconnected global economy, the effects may be worse than before, Woody warns. In addition, heightened public concern over the future of social security programs and stock market volatility t...