Trump's Tariffs and Regional Economic Transformations

The Greater Washington Partnership is leading efforts to transform the regional economy of Washington, D.C., Baltimore, and Richmond amidst federal downsizing by leveraging regional strengths and fostering alliances. Meanwhile, President Donald Trump's economic agenda, including tariffs on nearly 90 countries, has sparked debate, with critics labeling it as central planning that risks a global recession. Economists warn of potential global economic losses, but some view it as an opportunity for countries like China to lead globalization. Stephen Miran, Chairman of the White House Council of Economic Advisers, argues that Trump's strategy aims to rebalance the global economic order, demanding burden sharing from other nations and criticizing the U.S. dollar's reserve currency status.