In this engaging conversation, Wendong Zhang, a Cornell University Assistant Professor and economist specializing in tariffs, shares his insights on the multifaceted impacts of tariff policies. He discusses who is affected by tariffs and the potential economic ripple effects across various sectors. The dialogue also touches on the complexities of global trade wars, retaliation strategies, and the implications for countries like the U.S., China, Canada, and Mexico. Zhang provides an objective analysis, making it clear that understanding tariffs goes beyond a simple good or bad narrative.