Who Bears the Cost of Tariffs in the Short Term

Donald Trump’s been all over the place with his tariffs, but the US is now bringing in billions of dollars in revenue from them.

Months since the tariffs were first announced and after dire warnings from economists, how is the American economy really faring? 

Today, Penny Goldberg, professor of economics at Yale University, on why the US economy hasn’t yet seen a major downturn and the dark clouds in the longer term outlook. 

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Pinelopi Koujianou Goldberg, Professor of Economics at Yale University and fmr Chief Economist at the World Bank Group