The Dispatch Podcast Tired of All This Winning | Roundtable
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Aug 1, 2025 
Megan McArdle, a columnist at The Washington Post focusing on economics and public policy, joins a lively discussion with Steve Hayes, Jonah Goldberg, and Sarah Isgur. They tackle the impact of Trump’s trade policies on the economy, examining both benefits and drawbacks for consumers. The conversation dives into the humanitarian crisis in Gaza, media narratives, and shifting political support. They also explore the complexities of modern political tribes and reflect on their favorite films, mixing humor with insightful analysis.
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Tariff Certainty Hurts Consumers
- Trump's trade deals offer certainty but increase costs for American consumers and manufacturers.
- Higher tariffs hurt supply chains by making parts and raw materials costlier for exporters and buyers.
Trade War: Headlines vs. Reality
- Trump's trade disputes initially caused panic but backing off softened the blow.
- Deals aim for headlines more than practical outcomes; many promises may be unrealistic.
Persistent Inflation Challenges Fed
- Inflation remains persistent despite some price drops in specific goods like gas.
- Inflation expectations may have become unanchored, complicating federal efforts to stabilize prices.