business

Peter Harrell: Trade Data Lags Behind Trump's Policy Changes

17 Ağustos 2026Bloomberg

Peter Harrell, a former senior director for international economics in the Biden Administration, discusses the effects of President Trump's policies on trade. He notes that tariff rates have not reverted to their original levels, largely due to rising energy prices from the ongoing conflict with Iran.
Additionally, Harrell emphasizes that while trade and investment policies have shifted, the relevant data has not yet aligned with these changes, leaving uncertainty about their potential impacts.
The discussion comes at a time when U.S. trade relations are under scrutiny, particularly in light of recent policy changes and international tensions.
Harrell's insights highlight a significant lag in data responsiveness to policy shifts, which could hinder effective decision-making. The interplay between geopolitical factors, such as the Iran conflict, and economic policies suggests a complex landscape for U.S.

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This article reflects the opinions of Peter Harrell and does not necessarily represent the views of Bloomberg or its affiliates.