Unhedged What’s next for Trump’s tariffs?
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Feb 4, 2025 
Aiden Reiter, a contributor to the Unhedged newsletter, dives into the tumultuous world of Trump's tariffs and their widespread effects on global trade. He discusses the motivations behind these policies and whether America’s influence has limits, particularly with China, Canada, and Mexico. The conversation also examines economic impacts on U.S. manufacturing and the uncertainties faced by international allies. And for a lighter twist, Aiden shares thoughts on British tea culture and the surprising charm of HBO's ‘The Penguin’.
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Tariffs Explained
- Tariffs are essentially taxes on imported goods, increasing their cost.
- They aim to make imports less competitive and boost domestic production.
Who Pays?
- The cost of tariffs isn't always fully passed on to consumers.
- It depends on factors like profit margins and market competition.
Trump's Tariff Goals
- Trump's tariffs aim to incentivize US manufacturing and reduce reliance on cheaper foreign goods.
- This approach seeks to reverse the flow of manufacturing away from the United States.