Who are the winners and losers of Trump's tariffs?

University of Toronto economist Joseph Steinberg joins The Hub to examine whether Donald Trump's tariffs can actually boost American manufacturing or if they might have the opposite effect. Steinberg presents his research showing that although tariffs could lead to some long-term reindustrialization, the benefits would be concentrated in low-tech "toy" manufacturing sectors, while higher-value manufacturing like automobiles and heavy machinery would actually shrink. The Hub is Canada's fastest growing independent digital news outlet. Subscribe to The Hub's podcast feed to get our best content when you are on the go: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/ Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS: Amal Attar-Guzman - Producer and Video Editor Elia Gross - Sound Editor Sean Speer - Host To contact us, sign up for updates, and access transcripts email [email protected] Hosted on Acast. See acast.com/privacy for more information.