EP. 008 - Why Tariffs Work: Trump’s Trade Strategy Explained

In this episode of Modern Age, Dan McCarthy breaks down President Trump’s recent trade victories and challenges the mainstream narrative about tariffs, prices, and their impact on American consumers. Dan explains why the popular claim that tariffs are just a tax on consumers is misleading, and why many economists who make this argument actually know better. Using real-world examples and market theory, he shows how tariffs can strengthen domestic industry, increase competition, and keep prices...