Yellen: ‘Trump Tariff Plans Are Doing Immense Damage to Our Economy’

Former Treasury Secretary Janet Yellen claimed Friday on CNN’s “Anderson Cooper 360” that President Donald Trump’s tariffs are doing “immense damage to our economy.”

Yellen said, “This is the worst self-inflicted policy wound I’ve ever seen in my career inflicted on our economy. The Trump tariff plans are doing immense damage to our economy. You can see that in the stock market, in the impact of these tariffs are expected to have on American households. And we’re even beginning to see what looks like a flight away from dollar-based assets in the financial markets, which is a really scary development.”

Former Treasury Secretary Janet Yellen claimed Friday on CNN’s “Anderson Cooper 360” that President Donald Trump’s tariffs are doing “immense damage to our economy.”

Yellen said, “This is the worst self-inflicted policy wound I’ve ever seen in my career inflicted on our economy. The Trump tariff plans are doing immense damage to our economy. You can see that in the stock market, in the impact of these tariffs are expected to have on American households. And we’re even beginning to see what looks like a flight away from dollar-based assets in the financial markets, which is a really scary development.”