El-Erian Warns Trump Tariffs Will Exacerbate Stagflation
Mohamed El-Erian, Allianz Chief Economic Advisor, has expressed concern that US President Donald Trump’s import tariffs will worsen the economic outlook. In an interview with CNN, El-Erian described the situation as “a strong whiff of stagflation,” characterized by lower growth and higher inflation. The expert warned that tariffs would further accentuate this trend, potentially leading … Read more