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Why Tariffs Are Toxic | Independent Outlook 70

Why Tariffs Are Toxic | Independent Outlook 70

What exactly are tariffs, and how do they work? How do they drive up prices? Are tariffs a way to protect the U.S. economy from hostile powers like the Communist Party of China? No, not really. Or a way to protect the supply chains on which U.S. military supremacy depends? No, not that either. In short, tariffs are toxic, and we discuss why that is.

Independent Conversations

March 6, 20251h 4m

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Show Notes

What exactly are tariffs, and how do they work? How do they drive up prices? Are tariffs a way to protect the U.S. economy from hostile powers like the Communist Party of China? No, not really. Or a way to protect the supply chains on which U.S. military supremacy depends? No, not that either. In short, tariffs are toxic, and we discuss why that is.