Donald Trump 'Reduced Himself To A Paper Tiger,' Says Peter Schiff After Comparing Tariff Rollout And Pause To The 'Hindenburg Of Trial Balloons'

Renowned economist Peter Schiff has delivered a scathing assessment of President Donald Trump‘s recent tariff policy, comparing the rollout and the subsequent pause to the catastrophic failure of the 1937 Hindenburg airship disaster.

What Happened: In a post on X post, Schiff argued that Trump's aggressive tariff threats have backfired, exposing vulnerabilities in the U.S. economy and diminishing his negotiating power on the global stage.

Schiff’s critique highlights the potential consequences of Trump’s aggressive trade tactics. By implementing sweeping tariffs and then abruptly pausing them, Trump may have signaled to trading partners that his threats are not as credible as initially perceived. This perceived weakness could undermine his negotiating position in future trade talks.

“Trump reduced himself to a paper tiger,” added Schiff.

He characterized Trump's tariff rollout as highly flawed, likening it to the "Hindenburg of trial balloons", a metaphor referencing the 1937 airship disaster that marked a dramatic and tragic end to an era.

https://www.benzinga.com/government/regulations/25/04/44732982/donald-trump-reduced-himself-to-a-paper-tiger-says-peter-schiff-after-comparing-tariff-rol