Trump's New Tariffs Likely Here to Stay for Some Time, Professor Says

Written by BloombergPublished Jul 24, 2026, 2:50 PM

Dartmouth College Professor of Economics Douglas Irwin discusses President Donald Trump's plan to extend a 10% tariff baseline that will cover most trading partners. Irwin says the Section 301 tariffs being used have a stronger legal ground than those struck down by the US Supreme Court earlier this year.