Tariffs were once collected at the Alexander Hamilton U.S. Custom House at the southern tip of Manhattan.
Trump's Tariff Debacle: Liberation Day? Liberation from our Senses!
Professor Farrokh Langdana gives a deep dive all about tariffs in this webinar for Rutgers Business School students, alumni, and friends. Announced on April 2, 2025, as "Liberation Day" by President Trump, Langdana uses history as a guide to chart the likely negative impact tariffs will have on the U.S. economy.
Originally aired March 31, 2025.
See more of Professor Langdana's blogs and articles, including his Fireside Chats, pertaining to current global fiscal and monetary policy analyses, click here.
Dr. Farrokh Langdana is a professor of finance and economics at Rutgers Business School, and director of the globally ranked Rutgers Executive MBA Program—The Powerhouse. He is the recipient of more than 30 teaching awards, including the highest possible teaching award at Rutgers University – the Warren I. Susman Award. All the opinions and analyses expressed here are his, and not necessarily those of Rutgers Business School.
Further Reading
WSJ Opinion: Trump’s Trade War Was a Loser (Sep. 11, 2023)
WSJ Opinion: Europe Arms for the Tariff War (Mar. 25, 2025)
WSJ Opinion: Donald Trump, Meet Herbert Hoover (Nov. 3, 2015)
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