The following is an edited transcript of an interview between Daily Wire Editor-in-Chief John Bickley and Heritage Foundation Research Fellow EJ Antoni on a Saturday Edition of Morning Wire.
Donald Trump has promised to impose huge tariffs on Chinese imports and American companies who move their production outside the country – while Kamala Harris has declared tariffs a tax on the middle class. We sat down with an economist about the true impact of tariffs on the economy and inflation and which approach will best help Americans.
* * *
JOHN: Joining us now is EJ Antoni, research fellow at Heritage Foundation’s Center for the Federal Budget. EJ, thanks for coming on.
EJ: My pleasure.
JOHN: Can we start at the beginning for the non-economists out there who are not familiar with some of the terminology? What are tariffs and how do they work?
EJ: A tariff is essentially just a tax on…
