In this interview, Charlie Wheelan discusses tariffs, trade imbalances, and their potential impacts on consumers and the economy. He explains tariffs as taxes on imported goods and explores who ultimately bears the cost, whether it be exporters, importers, or consumers. Wheelan addresses the U.S. trade imbalance, clarifies that it doesn't necessarily indicate being "ripped off," and suggests it can be a sign of economic growth. He also touches on the role of technology in job displacement, particularly in manufacturing, and shares his perspectives on the national debt. The conversation concludes with a "buy, sell, or hold" segment, where Wheelan gives his outlook on social media, AI in education and investing, and the likelihood of a tariff deal with China.
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