President Donald Trump referred to Nobel Prize-winning economist Paul Krugman as a "deranged bum" following his criticism of the Trump administration's tariff regime .

"Paul Krugman of the New York Times has been predicting Doom and Gloom ever since my great election success in 2016. In other words, he has been wrong for YEARS, as ALL markets have been hitting new HIGHS, and are now higher than ever before. People stayed out of the 'BEST MARKET IN HISTOY' [sic] because of this Trump Deranged BUM. Sue them!" Trump wrote on his Truth Social account late Sunday (August 10) night.

Krugman, who left the New York Times last December, referred to Trump's tariffs as "clearly illegal" and also bashed the president for reversing "90 years of tariff reductions" in a post shared on hi

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