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Tinker, Tailor, Tariff, Trump
Manage episode 464637549 series 3643556
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This episode has updates about USAID and Trump's new tariffs on Canada, Mexico, and China. Will this lead to more tariffs against the United States? How will these tariffs impact U.S. consumers? How do tariffs work? We answer those questions and more in the first part of our new series on U.S. tariff wars.
Be sure to follow us on Instagram and TikTok @thefridaybrief and sign up for The Friday Brief newsletter on thefridaybrief.com.
Chapters
1. Welcome (00:00:00)
2. USAID update (00:00:18)
3. Trump's tariff war will impact American consumers and the image of the United States (00:01:10)
4. My experience working on tax negotiations in the food and beverage industry (00:02:15)
5. Why do consumers eat the cost of tariffs? (00:02:26)
6. Tariffs are the ultimate group project, consumers cannot "opt out" from the consequences. Let's look at steel as an example. (00:03:11)
7. Tariff wars are never good for peace and security (00:04:04)
8. Trade is a language between governments (00:05:30)
9. Until next time! (00:06:54)
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