Phillip Magness: Did Trump's Tariffs Just Supercharge a Recession?

Dr. Phillip Magness of ‪@independentinstitute‬ discusses the impact of US President Donald Trump's latest round of tariffs, outlining their potential effects on the American economy and stock market.

""This could be the event that supercharges us into a recession — it could be the major trigger,"" he said.

❓ Will tariffs trigger a US recession? Tell us in the comments!

This interview was filmed on April 4, 2025.

#Investing #Tariffs #Economy

0:00 - Intro
0:18 - History of US tariff usage
3:59 - Are tariffs a bargaining chip?
6:17 - Unpacking the tariff formula
8:34 - Will tariffs cause inflation?
12:53 - US economy, stock market
15:58 - Gold remains a safe haven
17:30 - New trade ties to emerge?
20:57 - Still time to reverse course
23:48 - Outro