Joe Lavorgna, chief economist at SMBC Nikko Securities, said that Trump's 'inability to deliver' on economic promises is what created a backlash from the American working class and Republicans subsequent midterm losses. Lavorgna said that he does still back the administration's tariffs, but does take issue with the way they were executed. (Source: Bloomberg)
Joe Lavorgna, chief economist at SMBC Nikko Securities, said that Trump's 'inability to deliver' on economic promises is what created a backlash from the American working class and Republicans subsequent midterm losses. Lavorgna said that he does still back the administration's tariffs, but does take issue with the way they were executed. (Source: Bloomberg)
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