Uncertainty created by tariffs and contempt for rule of law will deter investment, says top economist

Summary

In an interview with the Guardian, Nobel economist Joseph Stiglitz warned that Trump’s tariff threats and disregard for contracts have made the US a risky place to invest.

He argued that such policy uncertainty could slow economic growth, trigger stagflation, and push up inflation, as global trade tensions and potential Federal Reserve rate hikes add further risk.