Gylfi Zoega

Gylfi Zoega is a prominent professor of economics at the University of Iceland, known for his insights on international trade and economic policy. Recently, he has been vocal about the uncertainties in global trade due to the tariffs imposed by U.S. President Donald Trump. Gylfi emphasizes that these tariffs, particularly the 10% levied on imports from Iceland, are having immediate impacts on stock markets and pension funds, creating significant economic uncertainty. He argues that such unpredictability can have lasting effects on investors and the broader economy, highlighting concerns about the potential long-term consequences of Trump's trade decisions.