Initially Peter Navarro got the blame for the current disaster that is Trump’s trade policy, but the insanity now reveals its arcane origin. "Trump is stupid, erratic and weak," Paul Krugman, one of the country's most prominent economists and a Nobel laureate, wrote. [8]In November 2024, Miran published A User's Guide to Restructuring the Global Trading System,[9] examining tools for reshaping international trade following Donald Trump's reelection. Analysts have hypothesized that the tariffs in the second Trump administration could be following this paper to end in the so-called "Mar-a-Lago Accord". Miran has asserted that the "economic consensus" against tariffs is "wrong," and claims that most tariff models do not account for trade deficits.

Source: Huffington Post April 10, 2025 21:02 UTC