Economists Warn Trump's Economic Proposals Could Exacerbate Inflation
Experts critique Trump's plans for tariffs and tax cuts as Republicans focus on the economy at the convention.
- Trump's proposed tariffs and tax cuts are expected to increase inflation and strain U.S. finances.
- Economists argue that tariffs on imports would raise consumer prices and hurt economic growth.
- Trump's tax plans could add trillions to the national debt, conflicting with his goal to reduce inflation.
- The Republican platform includes ambitious goals like boosting domestic energy production and large-scale deportations.
- Critics say Trump's economic policies lack detailed plans and could lead to significant economic risks.