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The John Batchelor Show

S8 Ep908: PREVIEW for Later Today: Veronique de Rugy explains that American consumers bear the full cost of Trump administration tariffs. These taxes make domestic manufacturing more expensive and products less affordable, contradicting claims that the policy would

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 21 May 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

PREVIEW for Later Today: Veronique de Rugy explains that American consumers bear the full cost of Trumpadministration tariffs. These taxes make domestic manufacturing more expensive and products less affordable, contradicting claims that the policy would benefit the economy.
1800 OYSTER STAND NYC

Transcript

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0:00.0

Hi, it's Joe and Zoe here from Digget and we're currently sponsored by QVC.

0:04.6

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0:09.2

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0:14.7

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0:19.5

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0:23.0

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0:28.8

it is giving proper 70s revival. And my garden escape is, it's not just for big gardens either.

0:35.0

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0:37.9

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0:43.8

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0:46.0

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0:49.4

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0:53.8

That's code QDigit, QD-I-T for 10 pounds of your first order. That's code Q Digget, QDigit, QD-I-T for 10 pounds of your

0:57.7

first order over 30 pounds. For full terms, visit the QVC website. This is John Batchel. Speaking to my

1:04.7

colleague Veronique de Ruggia to Mercatus Center about tariffs a year into the policy by the Trump administration.

1:13.3

Tariffs are at tax, and the evidence now is very clear.

1:17.6

Who paid the tax?

1:19.1

Who paid the tariffs?

1:20.7

The American consumer paid the tariffs, paid the tax.

1:24.7

The American consumer is very neat.

1:28.8

Much more of this tonight.

1:38.2

No. No. No. I mean, in fact, when that conversation started, many of us, most of us, were saying this is not going to work. And it's not going to work because Americans are paying the taxes.

...

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