The Team House
Tariffs & the National Security Counsel Gets Gutted | EYES ON GEOPOLITICS
Apr 7, 2025
Mick Mulroy, a former Deputy Assistant Secretary of Defense and CIA officer, and Andy Milburn, a retired Marine Corps Special Operations officer and author, dive into the complex world of tariffs and their impact on trade dynamics. They discuss the recent overhaul of the National Security Council and the challenges surrounding military strategies in the Middle East, including operations against the Houthis and nuclear negotiations with Iran. The conversation also highlights the decline in historical knowledge and comprehension in today's society.
01:00:06
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Quick takeaways
- Tariffs imposed by the Trump administration are scrutinized for potentially burdening American consumers and manufacturers with higher costs on goods.
- The discussion draws on historical examples to warn against repeating past economic mistakes associated with protectionist trade policies.
Deep dives
Impact of Tariffs on Economy
The discussion highlights how tariffs act as a tax on consumers, manufacturers, and importers. It raises concerns that these tariffs could result in a significant tax burden on the American population, potentially increasing the cost of goods. The historical context is brought up, questioning whether previous tariff implementations led to detrimental economic outcomes, such as the worsening of the Great Depression. This leads to speculation about whether current policies will achieve their intended goals or inadvertently harm the economy.
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