‘Addictive’ tariffs are here to stay, warns Wharton professor, even if Democrats win the next election

• Professor Joao Gomes of Wharton Business School argues that Trump's tariffs are likely to remain in place, as their revenue-generating potential makes them appealing to both Democrats and Republicans. Despite the possibility of new trade deals, he expects tariffs—both broad and targeted—to persist, with consumers ultimately shouldering the increased costs.

However much politicians on either end of the political spectrum may protest against Trump's tariff policies, one economics...