Lever Time

The Lost History of Trump’s Tariff War

4 snips
Apr 4, 2025
Peter Goodman, a veteran New York Times reporter and author, discusses the repercussions of Trump's new tariffs on imports, which aim to fulfill campaign promises but may disrupt the global economy. He highlights the historical context of trade policies and their impact on American workers, contrasting past agreements with current challenges. Goodman dives into the ethical concerns surrounding tariff exemptions and critiques the approach of imposing tariffs without a clear strategy, raising questions about their true effectiveness and potential for corruption.
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INSIGHT

Trump's Tariff War: Not a Typical Ideological Battle

  • Trump's tariffs don't fit traditional ideologies.
  • The debate over tariffs has united leftists and conservatives for decades.
ANECDOTE

UAW Workers for Trump

  • Peter Goodman interviewed UAW workers in Michigan who supported Trump.
  • They favored Trump's tariffs and opposed Biden's EV policies.
INSIGHT

Trade's Uneven Impact and Social Safety Nets

  • Trade has benefits for consumers and some workers, but many are left behind.
  • Countries with stronger social safety nets see less anti-trade sentiment.
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