Paul Krugman says Trump facing ‘self-inflicted disaster’ amid trade war
Share and Follow


Nobel laureate Paul Krugman said in a Friday post on Substack that President Trump is facing “self-inflicted disaster” amid his global trade war.

“One crucial thing to understand is that Trump is facing a completely self-inflicted disaster here,” Krugman said in the post. “He probably could have gotten Republicans in Congress to vote for insane trade policy. But he was impatient, and wanted to start ruling as a dictator right away.”

On Friday, Trump criticized a federal appeals court decision that went against the administration’s claims that the president’s emergency powers justify his expansive tariff agenda.

The ruling backed up a lower court opinion that the tariffs were not allowed via the International Emergency Economic Powers Act (IEEPA).

Trump defended the steep tariffs as needed on his Truth Social platform, adding that “ALL TARIFFS ARE STILL IN EFFECT!”

“Today a Highly Partisan Appeals Court incorrectly said that our Tariffs should be removed, but they know the United States of America will win in the end,” Trump said. “If these Tariffs ever went away, it would be a total disaster for the Country.”

Krugman said in his Substack that “the International Economic Emergency Powers Act gives the president substantial room to set tariffs during an, um, economic emergency.”

“But Trump himself keeps saying that the economy is in wonderful shape, booming without inflation, and any claims to the contrary are fake news. So how can things both be terrific and an emergency calling for drastic action?”

The Hill has reached out to the White House for comment.

Copyright 2025 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share and Follow
You May Also Like

Unpacking Jerome Powell’s Dilemma: Greenland, Tariffs, and Economic Turbulence

When Treasury Secretary Scott Bessent appears on a Sunday talk show,…

Senator Tillis Embarks on Dynamic Final Year with Bold Initiatives

Senator Thom Tillis from North Carolina has never hesitated to express his…

Media Reacts to Karoline Leavitt’s Controversial Comments on Trump Interview

The traditional media often face criticism for perceived biases, and such…

Iconic ’90s Femme Fatale from Men in Black Resurfaces After 16 Years: Daily Mail Unveils the Troubling Story Behind Her Absence

In the vibrant tapestry of 1990s cinema, Linda Fiorentino emerged as one…

DOJ Launches Probe into Allegations Against Renee Good’s Partner for Obstructing ICE Agent Operations

Federal authorities have initiated an investigation to determine whether Renee Nicole Good’s…

Weekly Recap: Uncover Shocking Stories and Viral Moments from RedState

Welcome to the RedState Weekly Briefing, your go-to source for a…

Shapiro Claims Kamala Harris’ Team Questioned His Allegiance to Israel

In a recent revelation, Pennsylvania Governor Josh Shapiro, a Democrat, has made…

Rep. Swalwell Proposes Revocation of Driver’s Licenses for ICE Agents

Representative Eric Swalwell, a Democrat from California, has made a bold pledge…