Can Trump’s tariffs help solve America’s $40-trillion debt problem?
About this episode
Trevor Tombe, University of Calgary economist and Hub contributor, breaks down America’s worsening fiscal picture—and why tariffs may be evolving from a trade weapon into a politically palatable form of taxation. He explains why tariff revenue can’t come close to fixing the U.S. federal deficit approaching six percent of GDP, and how the levies can weaken investment, productivity, and economic growth. Tombe also looks at what bond markets are signalling about America’s mounting debt and why the consequences won’t stop at the Canadian border.
The Hub is Canada’s fastest-growing independent digital news outlet.
Subscribe to our YouTube channel to get our latest videos: https://www.youtube.com/@TheHubCanada
Subscribe to The Hub’s podcast feed to get our best content when you are on the go:
https://tinyurl.com/3a7zpd7e (Apple)
https://tinyurl.com/y8akmfn7 (Spotify)
Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/
Follow The Hub on X: https://x.com/thehubcanada?lang=en
CREDITS:
Falice Chin - Host, Producer, and Editor
Hosted on Acast. See acast.com/privacy for more information.
Get every episode summarized
Each time Hub Podcasts publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Hub Podcasts
Trump trade war: Is Canada destined to lose?
Hub Podcasts
Will private capital solve Canada's infrastructure crisis?
Hub Podcasts
Could AI become Alberta’s next source of national leverage?
Hub Podcasts
Trump's sinister trade war does not excuse unhelpful responses
Hub Podcasts