We've probably all heard it recently mentioned on the news, but what’s the real story behind Trump’s love of tariffs, and what’s he proposing this time around? In this episode, we break down the history of the U.S.-China trade war, how tariffs have impacted American consumers and businesses, and why Biden has kept many of Trump’s policies in place—collecting billions in taxes along the way. We also dive into Trump’s bold ideas, like introducing universal tariffs, examine the challenges of re-shoring, and the future of global trade. Finally, we look at the effects of these policies on financial markets (you are all future investors, after all!)
Send feedback to bigffinance@gmail.com
Follow us on socials: @bigffinance
Trump soundbite credits (where due) to Bloomberg and Fox. Sound effect from Free Sound Community.