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The Argument

The Argument

Trump's Tariffs, Explained

Oct 27, 2025 · 1h 36m

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About this episode

Economics writer Joey Politano joins host Jerusalem Demsas to explain the great tariff comeback story. From bananas and coffee to washing machines and Christmas ornaments, Trump’s new trade war is making life more expensive – but why? They unpack how tariffs actually work, why Trump’s obsession with them never went away, and what it says about America’s growing economic nationalism. Plus: why are politicians obsessed with reviving a 1950s manufacturing economy and can tariffs even make ...