Episode 87: Why Do We Even Have Trade Agreements, Anyway?
Words & Numbers
00:00
The Importance of Trade Barriers
When Donald Trump was running for president, he said trade barriers would be erected. John Avlon asks: What is it about trade barriers that people find so intuitively comforting? He says the fact that it's easy to see one side of the argument and not easy to see the other.Avlon: Tariffs protect American steel workers' jobs from foreign competition. But when we impose tariffs on imported steel, we make steel more expensive.
Transcript
Play full episode
