The Bunker
Tariffs, don’t like it — Start Your Week with Alex von Tunzelmann and Jacob Jarvis
Mar 31, 2025
The podcast dives into the chaotic world of tariffs, analyzing how Trump's trade policies might stifle American growth. It draws intriguing parallels between U.S. protectionism and Brexit's impact on global trade. The conversation turns to the Labour Party's struggle with moral dilemmas in policy-making while taking a lighter detour into quirky business ideas. Rumors of a celebrity in the London mayoral race spark discussion about the serious implications of celebrity candidates, alongside pressing geopolitical issues like the Israel-Hamas conflict and Ukraine.
39:20
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Quick takeaways
- Trump's new tariffs, the highest since World War II, may contradict his economic goals by slow growth and increasing inequality.
- The UK's response to these tariffs is crucial, facing potential GDP reduction while navigating diminished leverage post-Brexit.
Deep dives
Trump's Tariffs and Economic Impact
Trump's announcement of new tariffs is expected to have significant repercussions for the U.S. economy, as experts predict these tariffs will be the highest since World War II. This move appears to aim at boosting domestic manufacturing and generating revenue for tax cuts, primarily benefiting the wealthy. However, this dual approach is contradictory, as increased domestic production would diminish tariff revenue, leading to complications in achieving Trump's economic goals. Economists warn that the tariffs might slow economic growth, increase inflation, and exacerbate inequality across the nation.
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