

How do tariffs work?
10 snips Dec 17, 2024
Shannon O'Neil, a leading expert on tariffs and globalization at the Council on Foreign Relations, dives deep into the world of tariffs. She explains how tariffs function and their historical contexts in U.S. trade policy. O'Neil discusses the diplomatic implications of tariffs as political tools, rather than just economic measures. She also reveals the potential impacts of proposed tariffs, particularly on lower-income families, and their broader consequences on international relations and consumer prices. A must-listen for anyone curious about economics!
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