Stu Does America Ep 1043 | TARIFF TURMOIL: Trump Executive Order ROCKS Global Finances | Guests: Kevin Roberts, Dave Landau
Apr 3, 2025
Kevin Roberts, President of the Heritage Foundation, shares his insights on the repercussions of Trump’s tariffs, criticizing their effectiveness and exploring the complexities of trade relations. Comedian Dave Landau, with his unique perspective, discusses the absurdities of government regulations during the pandemic and his experiences moving from blue states to Texas, all peppered with humor. The talk highlights the need for strategic trade policies and the role of comedy in navigating political frustrations.
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Market Impact of Tariffs
- New taxes and tariffs negatively impact the stock market.
- This is separate from whether one supports these policies or not.
Trump's Misleading Tariff Chart
- Donald Trump presented a tariff chart with misleading figures.
- The chart falsely inflates tariffs charged against the U.S. to justify reciprocal tariffs.
Calculating Tariff Rates
- Tariff rates vary significantly by product and country, making analysis complex.
- Economists use trade-weighted averages for a more accurate representation of tariff impact.
