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Welcome to the Eric Erickson Show podcast, Our Two.

Greetings and welcome.

It is Eric Erickson here across the nation.

The phone number is 8779773-745.

Very delighted to have you with me, should you wish to be on the program.

I, my friends, would like to begin with a phone call before I move on discussing tariffs.

And the RNC is essentially saying anyone who says tariffs for attacks the American public is a lying agent of the Chinese communists.

So Adam Smith and Milton Friedman and Frederick Hayek and others are now lying agents of the Chinese Communist Party.

Let's go to Nate's phone call on this.

Nate, welcome to the show. How are you? Hey, Eric. Good. How are you? Great. So talking about the call screen, and I agree with you 100 percent. Corporations don't pay taxes. They're passed along with the consumer and tariff with the tax. It's passed on the consumer. But I think the question I have for you is, I guess, for their argument is, you know, if I can buy the T-shirt in China for $5, the tariff makes it 10, but I can buy it in America for 10. Why, and I'm the business, why not to buy it for my American business for 10 instead of China because it's the same price now? And then, you know, that's benefiting American businesses and workers. So I guess what's the opposite side on that?

Okay. the same price now and then you know that's benefiting American businesses and workers so I guess what's what's the the opposite side on that okay uh that would then drive up the cost of the good uh making it inflationary uh and so the Federal Reserve won't be able to bring down

interest rates.

If your t-shirt, if the cost of your t-shirt to produce it goes from $5 to $10, and it's not a tax,

that's an inflated cost.

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