Brett Mason Show

Fifty-Eight: Trade And Tariffs Explained

Informações:

Sinopsis

Today I’m going to talk about trade and tariffs in a way that even a 5 year old can understand if. Now I know, that probably sounds dry. But if you stick around, I promise you’ll end this episode knowing more about trade and the global economy than most politicians—and certainly more than the President of the United States. And I’m not even trying to be edgy with that. It’s just… true. Here’s the reality: A trade surplus or trade deficit is just the difference between what a country exports and what it imports. That’s it. It’s not a win-or-lose scoreboard. It’s not a sign of national strength or weakness. It’s an accounting detail. A symptom—not a diagnosis. And cutting off trade with another country? That doesn’t “save” us money. It doesn’t “bring back jobs.” What it actually does is shrink the economy. It limits product availability. It raises prices for everything from cars to cornflakes. It triggers inflation. It makes everyone poorer. Period. This isn’t new information. We’ve known it for a long time. An