Trump's tariffs defied economists: They were 'completely wrong,' says analyst as inflation drops, GDP growth surges
- Posted on January 2, 2026
- By Bing News
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Trump's tariffs defied economists: They were 'completely wrong,' says analyst as inflation drops, GDP growth surges
The outcome of President Donald Trump’s aggressive tariff policies has stunned critics and defied mainstream economic consensus, according to Lou Basenese, the Chief Market Strategist at The Basenese Group. Economists Were ‘Completely Wrong’ On Thursday, Basenese said the Trump administration’s eye-popping 83% tariffs right “out of the gate” was the “big stick” that brought America’s biggest trading partners to the negotiating table, on Fox...