Polish economist: US abuse of tariffs affects global economy

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MarsBit
04-27
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Mars Finance News, according to Jintai's report, recently, a reporter interviewed Polish economist Orłowski, who pointed out that the United States' indiscriminate imposition of tariffs has brought negative impacts not only to itself but also to the global economy. Orłowski, a professor of economics at the University of Vistula, stated: "There is no doubt that the economic growth rates of all countries will slow down with the increase of tariffs, including the country that initiates the tariff war. We see see that the International Monetary Fund has lowered its economic growth forecast for the United States and other countries in 2025. This is because economists are very clear that if you launch a tariff war, you first punish your own consumers, as they have to pay higher prices. Secondly, other countries will usually retaliate with high tariffs, and in the end, you get nothing. It's just that everyone is punished, and economic growth rates are slowing down."

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