Schiff warns U.S. economy is a house of cards, tariffs could bring collapse
The Trump Administration doesn't understand how much government, consumers and financial markets depend on the global subsidy of low-cost imported goods. They are the foundation of our house of cards economy. Once it topples, removing the tariffs won't put it back together again. — Peter Schiff (@PeterSchiff) April 2, 2025 By definition, Trump's tariffs will …