Episode 37: Tempting A Trade War
Last week President Trump announced that he was going to impose tariffs of 25 percent and 10 percent for steel and aluminum, respectively. While these tariffs are designed to address China’s steel dumping, the tariffs are broad and affect every nation that trades with the United States: thus raising the likelihood for an ill-advised trade war.
Two economic advisors of the White House who have previously never been on the Sunday talk shows came on to defend the President’s new and unvetted decision: Commerce Secretary Wilbur Ross and Director White House Office of Trade & Manufacturing Policy Peter Navarro. We also hear from two former Trump advisors on their impressions of the never-ending White House chaos.
- Tempting a trade war
- Family Strife in the White House
Want to stalk us some more? Check out some of our other work:
The Sunday political shows discussed this week:
A few of our research links:
- Background on Trump’s Tariffs and Section 232
- Russ Roberts on Trade
- A Brief History of Mercantilism
- Info on the Smoot Hawley Tariff