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Polish scholar: The United States itself will be the biggest loser from tariffs

Polish scholar: The United States itself will be the biggest loser from tariffs

CointimeCointime2025/08/24 04:41
By:Cointime

Professor Nowak of the Warsaw School of Economics and Business in Poland believes that the United States will be the biggest loser in imposing tariffs. In the current trade system, countries will eventually readjust the global trade pattern in various ways, so the United States will be in a very disadvantageous position. Other countries will not maintain this high-tariff trade system with the United States, ultimately leading to a restructuring of the global trade pattern. Looking back at Trump's first presidential term, it is clear that imposing tariffs will not bring job growth. Therefore, I believe that American consumers will bear the cost of tariffs, and the United States will inevitably become a loser. (CCTV News)

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