Checking Howard Lutnick
Writes Kevin Duffy: Hi Lew, About a month ago, Howard Lutnick said on CNBC: “Tariffs do not, do not, do not create inflation! Money printing creates inflation. China has the highest tariffs in the world. They don’t have inflation.” Last year China had a trade-weighted average tariff rate of just 3%. (See here from trade expert Read More […]