Johannes Boehm's discussion with host Dan Graham discusses the rationale behind these tariff increases, comparing them to historical precedents in US history. Together, they consider the direct and indirect impacts on the US economy, including effects on growth, employment, and consumer prices. They also  consider the broader economic repercussions for other affected countries, such as Canada, Mexico, and the European Union, and discuss how these tariff measures might influence global trade and the role of the World Trade Organization (WTO).