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Don't Be Terrified of Tariffs (with Scott Paul of AAM)
Manage episode 404665946 series 3484042
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Tariffs are in the news again! Why does that term generate such vitriol from some quarters and joy from others?!
This week, we explore that question with Scott Paul, the President of the Alliance for American Manufacturing.
Scott and host Lori Wallach discuss how increasingly Democrats and Republicans alike now view tariffs as just another policy tool. For most of U.S. history, this was the American perspective. Tariffs - charges collected at the border on imported goods - were the main source of government revenue when the country was founded.
It seemed useful to unpack what tariffs are and who is generating the negative hype about them given the recent wave of news stories attacking the very concept. Spoiler alert: Tariffs are not a scary, dangerous thing lurking in your economy in the middle of the night!
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