Episode 211: Trump's Tariffs: Who's Paying the Price (and Who's Going Broke?)

Make sure to email David Chudyk with your questions, david@parallelfinancial.com . Takeaways: In this episode, we discussed how tariffs are taxes on imported goods that affect prices. We explored the history of tariffs in the U.S. and their impact on the economy since 1789. The pros and cons of tariffs were examined, including their effects on domestic industries and consumer prices. We talked about the potential consequences of recent tariffs, including increased costs for consumers and trade tensions. The idea that our businesses are designed to give us current results was emphasized and discussed. Finally, we encouraged listeners to think critically about tariffs and their broader economic implications. Links referenced in this episode: www.parallelfinancial.com instagram.com/weeklywealthpodcast Mentioned in this episode: Weekly Wealth Website