On April 2, 2025, President Trump announced the largest tariffs in more than a century, sparking a stockmarket crash and heightening fears of a potential recession. It shouldn’t be a surprise for our listeners; one of our episodes last year covered the sweeping tariffs then being proposed by candidate Trump. But now that the tariffs are actually here, tune in as Paul and Peter discuss the likely negative effects for the US economy and American consumers. Then stick around for the second half of the episode for an update on the status of the TikTok ban.
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