Trump and the tariffs: “This is so crazy that you can hardly take this threat seriously”
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Reading time: 7 min.
|Donald Trump has announced a 50 percent tariff on goods from the EU. Economist Gabriel Felbermayr warns that this would massively fuel inflation in the US. A conversation about the future of the global economy.
Gabriel Felbermayr sits in a white shirt in front of a massive bookshelf. The 48-year-old has been the director of the Austrian Institute of Economic Research (WIFO) since 2021; before that, he served for two years as president of the Kiel Institute for the World Economy. In a video interview with the Süddeutsche Zeitung, he describes the new – threatening – form of global trade.
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