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Episode 282: Tariffs, Tariffs, Tariffs!

 
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Manage episode 507546438 series 2641822
Content provided by L. Joy Williams. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by L. Joy Williams or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Every week brings a new headline from the administration — this time, about tariffs. The International Trade Court just struck down the president’s latest round, ruling he overstepped his authority. The Constitution is clear: Congress, not the president, has the power to impose tariffs under Article I, Section 8. To dig deeper into what tariffs are and what they do, L. Joy brings professor Ryan Monarch to the front of the class. L. Joy and Ryan Monarch discuss how tariffs are taxes on imported goods. They raise costs for importers, which are passed on to consumers through higher prices. While once the federal government’s main source of revenue, tariffs today make up just 3–4% of total federal income.
  continue reading

147 episodes

Artwork
iconShare
 
Manage episode 507546438 series 2641822
Content provided by L. Joy Williams. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by L. Joy Williams or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Every week brings a new headline from the administration — this time, about tariffs. The International Trade Court just struck down the president’s latest round, ruling he overstepped his authority. The Constitution is clear: Congress, not the president, has the power to impose tariffs under Article I, Section 8. To dig deeper into what tariffs are and what they do, L. Joy brings professor Ryan Monarch to the front of the class. L. Joy and Ryan Monarch discuss how tariffs are taxes on imported goods. They raise costs for importers, which are passed on to consumers through higher prices. While once the federal government’s main source of revenue, tariffs today make up just 3–4% of total federal income.
  continue reading

147 episodes

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