Pros & Cons of Tariffs
Matt Gagnon discussed the potential benefits and drawbacks of Trump’s tariff policies, emphasizing the need for clear communication. He argued that Trump’s tweets serve as modern-day Fireside Chats, though less effective due to the fragmented media landscape. Gagnon criticized the economic rationale behind tariffs, noting that they act as taxes, reducing trade and increasing costs. He highlighted the historical context of tariffs, noting their decline with the advent of the income tax.
