The Rachel Maddow Show
Needless economic pain from Trump not even worth it if his tariff gambit works: economist
Apr 4, 2025
The discussion features economist Betsey Stevenson unpacking the fallout from recent tariffs imposed by the Trump administration. Chaos on Wall Street signals the wider economic turmoil facing American families, farmers, and businesses. With bipartisan backlash growing, the potential benefits of these tariffs appear minimal compared to the pain inflicted. Stevenson questions the motives behind these policies, raising alarms about their long-term consequences and the implications of such economic strategies on everyday lives.
42:15
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Quick takeaways
- The imposition of Trump's tariffs is expected to inflict significant economic pain on American consumers, exacerbating inflation and raising prices for essential goods.
- The backlash from both domestic and global partners underscores the potential long-term consequences of Trump's trade policies on international relations and political unity.
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