This is GPS, the global public square. Welcome to all of you in the United States

and around the world. I'm Farid Zakarya coming to you live from New York. Today on

the program Finland and Sweden have now officially applied for NATO membership.

Their entry into the alliance would mean Russia's border with NATO would

double in size. Is the West provoking Vladimir Putin again or finally putting in

place a strong deterrent? We have a great panel to discuss. Then the Buffalo

shooting suspect was obsessed with the idea that white people are systematically

being replaced by other races. He's not alone. Why are these demographic fears

going mainstream in countries around the globe? I'll talk to two experts.

But first here's my take. President Biden says that combating inflation is his

top domestic priority. But he certainly isn't acting that way. He has in plain

side several measures that would reduce inflation significantly and yet

appears hesitant to do them. As many distinguished economists have noted, the

repeal of most or all of Donald Trump's tariffs would be the single most

effective way of reducing inflation in the near future. As a reminder, a

tariff is attacks on goods paid by the American consumer who buys those goods.

It is by definition inflationary. It raises the price of the good like an

imported car. But it causes even more inflation than that because it raises the

price of the domestically made equivalent good as well. If a Mazda sells for

more than Ford and General Motors also raises prices on their cars. The reverse

logic applies as well. If you cut tariffs, that also has a broader effect. When the

Mazda gets cheaper, Ford and GM will cut prices on their products to compete.

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