Here are the most intelligent prices for Trump’s “Liberation Day”

President Donald Trump announced his prices on the “Liberation Day” on Wednesday – and the experts weighed with their reactions.

Larry Summers

“Never before an hour of presidential rhetoric costs so many people,” wrote the former Treasury Secretary on X. “The best estimate of loss of pricing policy is now closer to 30 dollars.”

Summers also said that the prices were the most “most expensive” and “masochistic” that the United States had imposed for decades.

Mohamed El-Erian

“The action of prices on the global financial markets in the immediate consequences of the American tariff announcement indicates significant concerns about global economic growth,” said the former CEO of PIMCO and Chief Economic Advisor of Allianz on X.

Mariana Mazzucato

“These prices will cause inflation in the United States; they will lead to a decrease in the power of consumers of American workers.

Boaz Weinstein

The founder of Saba Capital Management does not expect Trump to change course.

David Rosenberg

“So, this price file is now labeled” to make america rich again “? What is with this adverb” again “which is defined as” back to a previous condition “? The previous state, I can tell you, was not as good as the current condition, because we have a research and the president of the Ross of the Rosse and the President of the Rosser … Trail we do not live and Associates Said

“Have the prices really hindered the creation of wealth in America? I think that the title should simply be the truth:” Let’s give back the world poor again “(and then we can buy it at a reduced price),” added Rosenberg.

Business Round Table

Joshua Bolten, CEO of the association, which represents more than 200 CEOs, said in a press release: “Business Roundable supports President Trump’s objective to obtain better and more equitable trade agreements with our business partners, including lowering American export prices and expanding market access.

“However, universal prices ranging from 10 to 50% run the risk of adults to manufacturers, workers, families and exporters.

He said the corporate round table called on Trump administration to introduce “additional reasonable exemptions” and a “transparent and predictable exclusion process”.

Nouriel Roubini

Professor emeritus of the Nyu Stern School of Business said that the “Liberation Day” label was “Orwellian Doubespeak”.

“Whatever the consequences of these prices-that is to say, lower growth and higher inflation and what part of the possible size of these post-negotiation prices which will be ugly and long drawn. There is absolutely no” liberation “at all”, he said on X.

Paul Krugman

“I suppose that it is just possible that when we will get details on Trump’s prices, they will be inferior to what he has just announced, but on the basis of what he said, he has gone mad,” said Paul Krugman, Nobel winner economist and former professor of the MIT University and Princeton on Suback.

“If you had the hope that Trump is backing from the edge, this announcement, between very high prices rates and complete lies on what other countries do, should kill them,” added Krugman.