Nobel Laureate James Heckman: US Tariffs ‘Make No Economic Sense’ #CGTN
Nobel Laureate James Heckman: US Tariffs ‘Make No Economic Sense’
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In Leaders Talk, CMG Host Zou Yun speaks with Nobel Prize-winning economist James Heckman, Professor at the University of Chicago, on the surge of US tariffs. Heckman argues that current tariff policies are “completely unjustified” and violate fundamental economic principles. He warns that such measures not only reduce efficiency but also drive up living costs, placing a disproportionate burden on low-income groups.
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