Would Trump’s tariffs really be that bad? With Kimberly Clausing

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• 00:01

  Trump is back.

• 00:02

  And that means so are wild tariff threats, ideally shared on social media in capital letters,

• 00:08

  making America's allies, multinational companies, and journalists jump.

• 00:13

  And look, I've heard the chitter chatter.

• 00:15

  I know there are some people out there who think,

• 00:18

  come on, aren't these economists just being a bit hysterical?

• 00:21

  Tariffs would take time to have their full effects.

• 00:25

  Last time,

• 00:25

  the Trump administration just paid off the farmers who got hurt most and inflation barely budged.

• 00:30

  And then when the Biden administration came in, they didn't even remove the China tariffs.

• 00:34

  They're still there.

• 00:36

  And the sky hasn't fallen in last time I checked.

• 00:39

  This week, we are going to ask, would Trump's tariffs really be that bad?

• 00:56

  This is the Economics show with Samaya Keynes.

• 00:58

  I'm joined here in the studio by Kimberly Clausing, currently a professor at ucla,

• 01:03

  formerly lead economist in the Biden administration's Office for Tax Policy,

• 01:07

  and author of the book the Progressive Case for Free Trade, Immigration, and Global Capital.

• 01:12

  Kimberly, hello.

• 01:14

  Hello.

• 01:14

  Nice to be here.

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