How Trump’s Tariffs Plus Iran War May Help US Manufacturing

About this episode

The episode discusses the nuanced economic impact of Trump's tariffs and the potential revival of US manufacturing amidst ongoing challenges.

It’s now been one year since Donald Trump’s sweeping attempt at global tariffs, and the economic fallout has been more nuanced than either critics or supporters predicted. On this episode of the Trumponomics podcast, host Stephanie Flanders speaks with Anna Wong of Bloomberg Economics and Oren Cass of the conservative think tank American Compass about a US economy that, in many respects, has proven unexpectedly resilient. Growth hasn’t collapsed, inflation hasn’t spiked and the president’s April 2025 tariffs (most of which were struck down in February by the Supreme Court) generated substantial federal revenue. The debate now centers on whether it will make a difference when it comes to Trump’s stated goal: reviving US manufacturing. See omnystudio.com/listener for privacy information.

People in this episode

Host: Stephanie Flanders

Guests: Anna Wong, Oren Cass

Topics covered

• tariffs
• US manufacturing
• economic resilience
• inflation
• federal revenue
• Trump administration

Keywords

• Trump tariffs
• US economy
• manufacturing
• inflation
• economic growth
• federal revenue
• Iran War

Mentioned in this episode

Organizations: Bloomberg Economics, American Compass

Places: US

More episodes of Trumponomics

• Why 2026 Is Beginning to Look Like 1929 (with Andrew Ross Sorkin) · June 10, 2026 · 37 min
• Is the US Economy Dangerously Dependent on the Rich? · June 3, 2026 · 23 min
• Why Is America Turning Against Big Business? · May 27, 2026 · 25 min
• The Great Bond Car Wreck — in Slow Motion · May 20, 2026 · 28 min
• Why the US Must Engage China on AI Safety Before It’s ‘Game Over’ · May 13, 2026 · 35 min
• Will the Xi-Trump Summit Be Over Before It Starts? · May 6, 2026 · 28 min