But Trump controls economic policy, not the economy, and so a fairer report card would also assess his actual policies. That is why many economists are uneasy about his presidency, even though the economy earns solid grades. Worse, by imposing tariffs on goods like aluminium and steel Trump’s trade policy has also damaged the competitiveness of US manufacturers. An analysis conducted by the president’s own Council of Economic Advisers has reportedly concluded that his tariffs will reduce economic growth. Put the pieces together, and all of this presents a puzzle: If economic policy is so bad, why is the economy doing so well?

Source: bd News24 February 05, 2019 05:48 UTC