EPISODE · Mar 28, 2025 · 52 MIN
The Trouble With Tariffs
from Global Tantrum! with Steve Palley and Prof. Galen Jackson · host Steve Palley
In this episode of Global Tantrum!, Steve and Galen welcome Assistant Professor Ryan Weldzius of Villanova to discuss the Trump Administration’s tariff plans. But before they do that, they have very little choice but to talk about Signalgate — a pure Global Tantrum! topic if ever there was one. After analyzing that dangerous piece of foolishness, they turn back to international political economy to explore how these tariffs are affecting international trade, inflation, the US dollar as a reserve currency, and the potential for reindustrialization in America. Throughout, they highlight the disconnect between the administration's policies and their stated goals, and consider potential paths forward amidst rising uncertainty. 00:00 Introduction and Hosts' Banter 02:39 Signal App Scandal 09:53 Impact of Tariffs on Consumers 19:53 Reciprocity and Reindustrialization 28:04 The Rise of Neoliberalism in the US 31:08 Trump and Sanders: Challenging Neoliberalism 40:19 Uncertainty in Trade Policy and Its Consequences 45:35 The Future of the US Dollar as a Reserve Currency 49:42 The Political and Economic Outlook This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit globaltantrum.substack.com
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The Trouble With Tariffs
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