AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Tariffs and Trade: The Trump Effect
This chapter explores the intricate relationship between U.S. trade deficits and the influence of the dollar as the world's reserve currency, particularly in the context of Trump's tariffs. It analyzes how these tariffs impact public perception and job favorability, while revealing a divide between elite and average voter sentiments on trade policies. The speaker forecasts potential economic consequences, including rising inflation and job losses, tied to the administration's steadfast trade strategies.