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Trump Claims He Will Make America Wealthy Again

Date Published
April 3, 2025
Section
In the Media
Areas of Expertise
Macroeconomics
From:
CBS In the News

On iHeartRadio’s Moore in the Morning, Columbia Business School professor of professional practice and economist Brett House joined the conversation to unpack the economic consequences of President Trump’s newly announced tariff policy. Responding to Trump’s claim that he will "make America rich again" through sweeping trade tariffs, House offered a sobering counterpoint rooted in economic fundamentals.

“Tariffs are taxes on Americans—consumers and businesses alike,” House explained, noting that the proposed measures are more likely to raise prices and suppress growth than stimulate the economy. He emphasized that past protectionist moves have consistently failed to deliver broad-based economic gains and warned that repeating those policies now could trigger a deeper downturn.

House’s commentary provided a data-driven perspective on the risks of escalating trade tensions, as concerns mount over inflation, recession, and global market instability.

Listen to the full segment here: Moore in the Morning – Trump Claims He Will Make America Rich Again

Mentioned Faculty

Brett House

Brett House

Professor of Professional Practice in the Faculty of Business
Economics Division
Mentioned On
Newstalk 1010's "Moore in the Morning" Radio Show

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