This podcast episode delves into the broader economic impacts of tariffs, emphasizing how they can skew market dynamics by shifting income from consumers and unprotected industries to those that are tariff-protected. It also highlights the risk of retaliatory tariffs from other nations, which may exacerbate harm to the U.S. economy, and underscores that while lowering corporate taxes could offer economic benefits, those gains can be negated by the adverse effects of tariffs.
