Nobel laureate Simon Johnson is skeptical that Trump will be able to follow up on his two biggest campaign promises — here's why [Business Insider]
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Source: Business Insider
Johnson is skeptical about the feasibility of implementing these policies as well. President-elect Donald Trump made tariffs and mass deportations a cornerstone of his winning campaign. But according to Simon Johnson, an economist at the Massachusetts Institute of Technology and a co-winner of the 2024 Nobel Prize in Economics , Trump will have a hard time delivering on these promises. Trump has proposed a 60% tariff on goods imported from China, combined with a 10-to-20% tariff on all other imports. And just this week, Trump confirmed on Truth Social that he plans to declare a national emergency and mobilize the military to carry out mass deportations. "We've heard the rhetoric. Let's see what the reality is," Johnson told Business Insider in an interview. To Johnson, whose work specializes in how institutions impact a country's prosperity, Trump's tariff and immigration plans are simply bad policies for the US economy — not to mention logistically impractical. Trump won't
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