Bill Reinsch, a senior fellow at CSIS and expert in trade policy, along with Scott Miller, also from CSIS and co-host of The Trade Guys, discuss the fallout from the Trump administration’s tariffs. They analyze how these trade strategies affect markets, trading partners, and consumers. Topics include the challenges of aligning international standards, the economic implications of tariffs, and the potential for job losses among lower-income individuals. They also highlight the political dynamics that influence these fiscal strategies and the future of U.S.-China trade relations.