
Episode 211: Trump's Tariffs: Who's Paying the Price (and Who's Going Broke?)
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Make sure to email David Chudyk with your questions, david@parallelfinancial.com.
Takeaways:
- In this episode, we discussed how tariffs are taxes on imported goods that affect prices.
- We explored the history of tariffs in the U.S. and their impact on the economy since 1789.
- The pros and cons of tariffs were examined, including their effects on domestic industries and consumer prices.
- We talked about the potential consequences of recent tariffs, including increased costs for consumers and trade tensions.
- The idea that our businesses are designed to give us current results was emphasized and discussed.
- Finally, we encouraged listeners to think critically about tariffs and their broader economic implications.
Links referenced in this episode:
- www.parallelfinancial.com
- instagram.com/weeklywealthpodcast
Mentioned in this episode:
Weekly Wealth Website
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