Newt talks with David Beckworth, former international economist for the U.S. Treasury Department, about President Trump’s new tariff strategy.
President Trump announced a new tariff strategy called “Liberation Day” aimed at imposing reciprocal tariffs to level the playing field with other countries. Newt’s guest is David Beckworth, a former international economist for the U.S. Treasury Department and senior research fellow at the Mercatus Center. They discuss the implications of this new tariff policy. Beckworth explains the historical context and mechanics of tariffs, and the potential economic impacts, including the risk of stagflation and the effects on U.S. manufacturing. He also highlights concerns about the politicization of the Federal Reserve and the potential for increased lobbying. Their conversation also touches on the broader implications for international trade relations and the challenges businesses may face in adapting to the new tariff landscape.
David Beckworth, former international economist for the U.S. Treasury Department and currently a Senior Research Fellow with the Mercatus Center and host of the popular podcast, Macro Musings.
Guest:
- Overcoming the National Construction Crisis Will Be Critical to Making America’s Infrastructure Great Againhe collapse of California’s proposed high-speed railroad line between San Francisco and Los Angeles is a dramatic warning.
- Newt’s World Episode 838: President Trump’s First 100 DaysNewt talks with Dr. Kevin Roberts, president of The Heritage Foundation and Heritage Action for America, about President Trump’s first one hundred days.
- President Donald J Trump at the University of Alabama CommencementI think President Trump’s ten lessons he had learned about life are so profound, I want to share what he said to the students at the University of Alabama.
- Newt’s World Episode 837: Protecting the American WorkerNewt talks with Vincent Vernuccio, president and co-founder of the Institute for the American Worker about the SALT Act.
- Charity of the Month: Cystic Fibrosis FoundationThe Gingrich Foundation is proud to honor the Cystic Fibrosis Foundation as its May Charity of the Month.