2026.08.06 16:26 GMT+8

Polish economist: US tariffs are harmful to others, costly to itself

Updated 2026.08.06 16:26 GMT+8
CGTN

Polish economist Waldemar Karpa criticizes the US for imposing sudden, widespread tariffs, arguing that the approach creates massive market distortions and uncertainty that disrupt global trade and fail to protect domestic jobs. He also clarifies that tariffs are not a bill for foreign countries but a domestic tax, with research showing that most of the cost is ultimately borne by American consumers.

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