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The John Batchelor Show

Preview: Economist David Hebert explains the goal of reciprocal tariffs and that they are not the best tool when competing with the EU and other allies. More later

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 12 March 2025

⏱️ 1 minutes

🧾️ Download transcript

Summary

Preview: Economist David Hebert explains the goal of reciprocal tariffs and that they are not the best tool when competing with the EU and other allies. More later
UNDATED NYC

Transcript

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0:00.0

This is John Batchel, a conversation with David Hebert, senior research fellow at the American Institute for Economic Research about tariffs.

0:09.1

The goal and the tool, tariffs, sometimes called reciprocal tariffs.

0:15.0

David's publishing of the Civitas Institute.

0:18.6

Here's David on the goal of the Trump administration tariffs and the tool that it's using.

0:24.7

More of this later tonight.

0:27.1

So I think it's really important to separate, you know, the goal of the Trump administration

0:31.6

from the tool that they're using, right?

0:34.3

So the goals of bringing back manufacturing jobs of improving the economic

0:38.4

livelihoods of the American people of I'll even go so far as saying combating the

0:42.7

opioid epidemic those are all laudable goals and those are things that you know

0:46.9

frankly we should be working toward doing the question is whether or not

0:50.7

tariffs as a specific tool will achieve that, and we could do reciprocal or

0:55.8

otherwise. And what we find is the history of this tool, the theory of this tool, and the evidence

1:02.4

of using this tool is exactly counter to the goal that President Trump has. What we find is that

1:08.8

the net job loss exceeds the job gains in the protected industry.

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