Economists Rally Behind Anti-Tariff Declaration: A Call for Free Trade Amid Trump’s Protectionist Policies

COINOTAG News reported on April 22nd that a coalition of renowned economists, including two Nobel laureates, has voiced significant opposition to the unilateral tariff measures enacted by the Trump administration since 2025. These experts have released a formal statement highlighting the adverse impacts of such policies, which resemble the protectionist errors of the historic Smoot-Hawley Act from the 1930s. The declaration articulates concerns regarding market distortions, detrimental effects on consumer interests, and fundamental violations of the principles of free trade and constitutionalism. Emphasizing a return to foundational values of peace, commerce, and honest friendship, the “Anti-Tariff Declaration” has garnered substantial endorsement, amassing over 1,368 signatures from academics and policymakers alike. This movement reflects growing unease within the economic community regarding the implications of protectionist trade practices on the global economy.