Donald Trump’s return to the White House has revived one of his signature economic tools: tariffs. But will this strategy revitalize the U.S. economy or sabotage it? With Trump pressing forward on new levies against hundreds of countries and industries, global trade relationships are in flux and domestic markets are bracing for impact. What could this mean for consumer prices, interest rates, and America’s already staggering $36 trillion debt? And will Trump’s “One Big Beautiful Bill” deliver growth or invite economic catastrophe?
In this episode, Paul Saunders speaks with Jacob Heilbrunn, editor of The National Interest. Heilbrunn previously served as a senior editor at the New Republic and an editorial writer for the Los Angeles Times and has written on both foreign and domestic issues for numerous publications including the New York Times, the Washington Post, the Wall Street Journal, Financial Times, Foreign Affairs, Reuters, Washington Monthly, and the Weekly Standard.