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Columbia Business School finance professor Geert Bekaert offered expert analysis in USA Today on how President Trump’s sweeping new tariffs could ripple through the U.S. economy. Bekaert cautioned that the policy could accelerate inflation while undermining consumer spending and investor confidence.
“These kinds of broad-based tariffs tend to work like a tax on consumers,” Bekaert noted, highlighting the risk of a slowdown just as markets reel from ongoing volatility. His insights contributed to a broader discussion on how businesses, consumers, and financial markets are bracing for potential long-term effects.
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