amazon.comamazon.com

Key Analyst Says U.S. is ‘Going Broke’ Under Trump

President Donald Trump’s faltering push to shrink the national debt could be accelerating the country’s descent toward financial ruin, according to a key analyst.

Trump claimed that his sweeping tariffs will “pay down” the national debt, but it could actually be a reason the U.S. is “going broke,” according to JPMorgan Asset Management’s chief global strategist David Kelly in a note to investors.

Trump claimed that his sweeping tariffs will “pay down” the national debt. / Chip Somodevilla/Getty Images

The post Key Analyst Says U.S. is ‘Going Broke’ Under Trump appeared first on The Daily Beast