Personal Finance

    Nathan Sheets, U.S. Treasury's the former undersecretary for international affairs, speaks at a Brookings event to preview the eighth China-U.S. Strategic and Economic Dialogue, in Washington D.C., the United States, May 24, 2016.

    Top Wall Street economist sees 2 ways tariffs could play out—and neither is good for the average worker

    Nathan Sheets, Citi’s global chief economist, told Fortune that it’s a similar situation to the “devastating” 1930s, but maybe not in the way you think.

    October 7, 2025

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