218: Catherine Rampell on Trump’s Tariffs and DOGE
The Al Franken Podcast
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The Tariff Tangle: Economic Impacts and Historical Lessons
This chapter explores the implications of proposed budget cuts and tariffs, emphasizing their effects on American consumers and the broader economy. Through historical context and analysis of past measures, the conversation delves into the interconnected nature of trade and the potential harm caused by tariffs on industries like automotive manufacturing. The speakers argue that aggressive tariff strategies may lead to economic stagnation and warn against repeating mistakes from history that precipitated previous economic downturns.
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