Janet Yellen blasts Trump's trade war as 'self-inflicted wound' -- here's her blunt advice for the White House

As a former Federal Reserve Chair and U.S. Treasury secretary, Janet Yellen isn’t new to economic management.

So when she tells CNN that the current administration’s approach is a prime example of economic mismanagement, it carries some weight.

Yellen specifically singled out President Donald Trump’s trade war and tariff policy as financially destructive. “This is the worst self-inflicted wound that I have ever seen an administration impose on a well-functioning economy,” the economist said in a recent interview, warning that other policies that are currently being concerned by the administration could potentially deepen these wounds further.

Here’s why Yellen is so alarmed by the ongoing trade conflict and why she believes her successor, Scott Bessent, holds the key to salvaging the global economy.

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https://finance.yahoo.com/news/janet-yellen-blasts-trump-trade-120700901.html