Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Al Franken - Catherine Rampell and Scott Lincicome on Trump's Tariffs
It’s been over a year since Trump’s “Liberation Day” when he rolled out his global tariffs, but the Supreme Court struck those down resulting in chaos and confusion about what happens next. Guest Host Catherine Rampell, of The Bulwark and MS NOW, welcomes Scott Lincicome, VP of economics at the Cato Institute, to try to make sense of how the 166 billion dollars in tariffs will be refunded to businesses that were impacted. Catherine and Scott break down the bureaucratic red tape of the refund process, why small businesses are once again getting left behind, and the valid fears of political retaliation that are keeping major corporations silent.
And with the U.S. government taking multi-billion-dollar equity stakes in everything from steel mills to quantum computing, we discuss the rise of “state capitalism.” It’s not exactly the free market that Republicans have been cheering for generations.
Plus, after Trump’s landmark trip to China, many Americans are experiencing what Scott calls “China envy.” - 05/24/2026.
READ Catherine’s writing in The Bulwark: https://substack.com/@catherinerampell/posts
READ Scott’s writing: https://www.cato.org/people/scott-lincicome
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
