Dutch central bank chief slams Trump's tariff calculations - DutchNews.nl

Dutch central bank chief Klaas Knot has criticised the calculations used by president Donald Trump’s advisers to draw up additional tariffs for every country in the world, except Russia, Cuba, Belarus and North Korea. “It has nothing to do with economic theory,” Knot told Nieuwsuur. “And if it were not so serious, it would be laughable.” Knot, who is soon leaving the DNB, said there are no economists who believe all trade surpluses are harmful. “Countries are at different stages...