New Delhi: Former Chief Economist of the IMF Gita Gopinath came down heavily on US President Donald Trump’s tariff policies, calling them a “negative scorecard” for the US economy.

Taking to X (formerly Twitter), she posted, “It is 6 months since “Liberation day” tariffs. What have US tariffs accomplished?”

Detailing the shortcomings of the American economy, she highlighted, “ Raise revenue for government? Yes. Quite substantially. Borne almost entirely by US firms and passed on some to US consumers. So it has worked like a tax on US firms/consumers.”

Speaking on rising prices, she wrote, “Raise inflation? Yes, by small amounts overall. More substantially for household appliances, furniture, coffee.”

On the trade balance front as well, the Trump tariffs have failed, she opined. “Im

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