Conservative Economist: New Trump Trade War Will WRECK Economy

Conservative economist Michael Strain, from the American Entreprise Institute, joins Dan Abrams to break down the truth behind Trump’s tariff policies. What will his trade war do to the economy? This is the best explanation you'll hear on what's really happening in the trade war of 2025 and what it means for the American economy. Tune into The Dan Abrams Show live on SiriusXM at 2pm-3pm ET on POTUS 124. Subscribe to Mediaite: https://www.youtube.com/@Mediaite?sub_confirmation=1 Welcome to Mediaite, the most-read source in the world for news and opinion on the intersection of media and politics. FOLLOW MEDIAITE: https://www.mediaite.com/ http://instagr.am/mediaite http://twttr.com/mediaite http://fb.me/mediaite A trusted source for millions of readers, Mediaite delivers breaking news and sharp opinion on the media industry — from independent media to cable news — as well as the latest in politics out of Washington DC and beyond. Our team of experienced journalists, with perspectives from across the political spectrum, serves up breaking news, analysis, and opinion with speed and rigor. Chapters: 00:00 - Tariffs and Inflation Impact 02:06 - Who Pays the Tariff? 04:47 - Will Prices Increase? 07:04 - Are Tariffs Creating Jobs? 09:05 - The Real Trade Effects 11:00 - Retaliation and Job Losses 13:06 - Trade Deficits Explained 20:33 - Economic Outlook for 2025 #Economy2025 #TrumpTariffs #TradeWarExplained