America’s passion for invoices rarely performs, economists warn
An aerial view shows that a container vessel guided in its bunk it by trailers in the port of Qingdao, in Eastern Shandong in China on 23 February 2025.- AFP Long before the announcement of Donald Trump’s “Liberation Day”, the United States had played with high invoices throughout its history, with unclear – and sometimes devastating results. “We have a 20th century president in a 21st century economy that wants to lead us back to the 19th century,” said Professor of Economics at Dartmouth College Douglas Irwin on X. The 19th century marked the golden age of invoices in the






