Matt Gagnon discussed Congressman Jared Golden’s statement on President Trump’s new tariff policies, which Golden supports as a step towards reducing trade deficits. Gagnon criticized the tariffs, citing historical examples like the Smoot-Hawley Tariff Act, which worsened the Great Depression. He argued that tariffs lead to economic harm, including inflation and reduced trade, and questioned the political motivations behind them. Gagnon emphasized that tariffs are a form of tax increase, leading to higher costs and less trade, and predicted significant inflation in late spring or early summer. He also highlighted the hypocrisy in political support for tariffs, noting both parties have historically used them for political gain.