Trump: MAKING TARIFFS INTERESTING AGAIN, with Ed Conway

This interview podcast discusses Donald Trump's proposed tariffs on goods from Canada and Mexico. The host, Niall Paterson, interviews economics editor Ed Conway, who explains what tariffs are, their historical context in the US, and the potential economic consequences of Trump's actions. Conway highlights that while Trump frames tariffs as a way to reduce trade deficits and address issues like illegal drug imports, they are also a form of economic bullying and could trigger a trade war with potentially severe global consequences. A key takeaway is that while tariffs historically helped build American industry, their modern application carries significant risks of economic downturn and international conflict. The discussion concludes by considering the possibility that Trump's actions, while disruptive, might inadvertently force a necessary conversation about global economic imbalances.