Tariffs, Trade, and the True Cost of a Pencil
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Tariffs, Trade, and the True Cost of a Pencil
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About this listen
Dr. Michael Hicks of Ball State University joins Nathan Gotsch to break down the economic ripple effects of new tariffs—starting with something as simple as a pencil.
From global supply chains to skyrocketing input costs, Dr. Hicks explains how tariffs disrupt manufacturing, drive up prices, shrink the stock market, and risk triggering a recession.
This episode digs into the real-world impact of trade policy and why even well-meaning economic interventions can backfire.
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