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Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

Today is Thursday, September 27th, and we're discussing tariffs.

I'm your host Nick Saipoll, and today I'm joined in studio by Motley Fool analyst Jim Mueller.

Jim, how you doing today?

Hey Nick, how are you? I'm doing well Jim you know I'm really excited for this topic today.

We spent a lot of time in the energy and industrial space you know talking about large

macro events we talk about global oil, we talk about commodity prices for metals

worldwide, and we talk about worldwide shipping rates. All these things are large markets

impacted by every single consumer in the world.

And we can think of each of these markets a little bit as a game,

with global players moving pieces around the board,

trading with one another,

and they're all making strategic decisions based on a common set of rules.

You know, if you ever played Sellers, Gitan, you might get a little bit of a basic idea of this

resource trading between one another.

...