Gustavo Flores-Macias

Stay informed with Gustavo Flores-Macias’s coverage and analysis for Fortune.

  • TOPSHOT – US President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs during an event in the Rose Garden entitled “Make America Wealthy Again” at the White House in Washington, DC, on April 2, 2025. Trump geared up to unveil sweeping new “Liberation Day” tariffs in a move that threatens to ignite a devastating global trade war. Key US trading partners including the European Union and Britain said they were preparing their responses to Trump’s escalation, as nervous markets fell in Europe and America. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)Commentary

    Trump’s tariffs put American growth and prosperity at risk—and raise the likelihood of a recession

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  • A customer shops in the meat aisle of a store in San Francisco, California, U.S., on Thursday, Nov. 11, 2021. U.S. consumer prices rose last month at the fastest annual pace since 1990, cementing high inflation as a hallmark of the pandemic recovery and eroding spending power even as wages surge. Photographer: David Paul Morris/Bloomberg via Getty ImagesCommentary

    Don’t let them tell you inflation is good for the poor. It’s not

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