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Peter Navarro’s Moment

Date Published
April 7, 2025
Section
In the Media
Areas of Expertise
Macroeconomics
From:
CBS In the News

Columbia Business School’s Glenn Hubbard, dean emeritus and former chair of the Council of Economic Advisers, is featured in National Review for his critique of the protectionist trade policies championed by former Trump adviser Peter Navarro. In the article, "Peter Navarro’s Moment," Hubbard challenges the economic rationale behind widespread tariffs, calling them harmful to U.S. competitiveness.

“Tariffs are not pro-growth, and they won’t bring back lost manufacturing jobs,” Hubbard argues, countering the populist narrative that trade barriers can revive American industry. He warns that policies based on economic nationalism risk isolating the U.S. and undercutting long-term productivity.

Hubbard’s comments underscore the growing concern among mainstream economists that politically popular trade strategies may come at a steep cost to the broader economy.

Mentioned Faculty

Photo of Professor R. Glenn Hubbard

R. Glenn Hubbard

Dean Emeritus; Russell L. Carson Professor of Finance and Economics
Economics Division
Director
Jerome A. Chazen Institute for Global Business
Chazen Institute Board
Jerome A. Chazen Institute for Global Business
Mentioned On
National Review

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