Trump policies make US ‘scary place to invest’ and risk stagflation, says Stiglitz

Uncertainty created by tariffs and contempt for rule of law will deter investment, says top economist

Donald Trump’s tariff threats have made the US “a scary place to invest” and may unleash stagflation, the Nobel prize-winning economist Joseph Stiglitz has said.

“It risks the worst of all possible worlds: a kind of stagflation,” Stiglitz said in an interview with the Guardian.

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