Will Trump's Trade Wars Actually Work?

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Over the weekend, Trump announced he’d be putting tariffs on Mexico, Canada and China, and while he’s only followed through with China, this does suggest his second term could be more economically aggressive. But could Trump actually lose his own trade war?

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Sources:

1 - https://www.eiu.com/n/the-impact-of-u...
2 - Bloomberg live on de minimis exemption https://www.bloomberg.com/news/live-b...
3 - https://www.piie.com/research/piie-ch...
4 - China exports by country https://wits.worldbank.org//CountryPr...
5 - Canada exports by country https://wits.worldbank.org//CountryPr...
6 - Mexico exports by country https://wits.worldbank.org/CountryPro...
7 - https://www.eiu.com/n/the-impact-of-u...
8 - https://paulkrugman.substack.com/p/ho...
9 - PIIE comparing impact on US vs Canadian/Mexican economies https://www.piie.com/microsites/2025/...
10 - CFR article on impact of sanctions https://www.cfr.org/article/what-trum...
11 - https://x.com/ianbremmer/status/18858...
12 - PCE inflation https://www.bea.gov/data/personal-con...
13 - https://x.com/ernietedeschi/status/18...
14 - https://truthsocial.com/@realDonaldTr...
15 - https://paulkrugman.substack.com/p/wh...
16 - https://www.ft.com/content/5a262286-e...

00:00 Introduction
00:47 The Tariffs
01:41 Their Impact
04:50 Why?
07:36 Nebula (Sponsor)