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Trump's Tariff Fetish, and Xenophobia at MSG
Manage episode 460901934 series 3637621
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It's the home stretch, and something we haven't touched on enough is Trump's love affair with Tariffs. In this episode Rick sits down with Edward Goldberg, an adjunct professor at NYU’s Center for Global Affairs and expert on political economy and trade. Together, they explore the dangers of Donald Trump's proposed tariffs and the broader risks of economic isolationism. Goldberg draws historical parallels, such as China’s decision to burn its fleet in 1433 and the Smoot-Hawley Tariff of 1929, to demonstrate the economic consequences of shutting down global trade. They also discuss the misconceptions around globalization, its connection to job loss, and the vital role of immigration and open trade in driving American innovation and prosperity. And to cap things off, Rick rants about the horror show at Madison Square Garden.
Timestamps:
(00:01:33) The stakes for the global economy
(00:06:38) What happens if we shut the doors
(00:13:06) The age of human knowledge
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