AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?
Apr 4, 2025
James Altucher, an insightful investor and author, joins the conversation about the potential implications of Trump’s proposed tariffs. The duo debates whether these tariffs can really boost American manufacturing or if they risk higher consumer prices and economic turmoil. They discuss the historical context of tariffs, inflation fears, and the intricacies of international trade relations. Personal anecdotes from past financial crises highlight resilience, while playful market predictions keep the tone engaging and informative.
56:15
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Trump's proposed tariffs aim to bring manufacturing back to the U.S., but their long-term impact on jobs and inflation remains uncertain.
- Historical context shows that tariffs can lead to unintended consequences, including strained international relations and potentially contributing to economic downturns.
Deep dives
Impact of Trump's Tariffs on the Economy
Recent tariffs introduced by Trump are framed as measures to protect American workers and improve the economy, but their long-term consequences remain uncertain. While intended to boost domestic manufacturing and reduce the trade deficit, they may also lead to unintended effects such as inflation, increased consumer prices, and strained international relations. For instance, while tariffs can raise costs for goods like groceries and electronics, they might not effectively bring manufacturing jobs back to the U.S. The potential for these tariffs to trigger a global trade war adds to the complexity of their impact on the American economy.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode