Make Me Smart

Can you tariff-proof a cocktail?

13 snips
Apr 5, 2025
In this engaging discussion, guest co-host Sabree Beneshore, a savvy contributor on economic topics, dives into why you can't tariff-proof your shopping list or cocktail. The conversation explores the challenges of reshoring and the complexities of tariff negotiations. They reflect on Congress's potential power changes over tariffs while balancing lighthearted mentions of drinks. Plus, there's a fun analysis of the latest season of 'White Lotus.' Join them in navigating economics with an entertaining twist!
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ANECDOTE

Tariff-Proof Cocktails?

  • Kimberly Adams discusses a Washington Post article about how tariffs affect cocktail prices.
  • She enjoys sparkling sake made from Arkansas rice and brewed in Virginia, highlighting the difficulty of avoiding tariffs.
ANECDOTE

Benzene and Tariffs

  • Sabree Beneshore discusses how tariffs on benzene, a byproduct of gasoline refining, increase plastic production costs.
  • Reshoring benzene production isn't feasible, as it's tied to gasoline refining.
INSIGHT

Environmental Impact of Reshoring

  • Kimberly Adams raises concerns about the environmental impact of reshoring certain industries like benzene manufacturing.
  • She points out that outsourcing was partly driven by the desire to avoid these consequences domestically.
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