TARIFFS = INFLATION?

Donate:🙏https://www.buymeacoffee.com/slobodnipoI Pellet breaks tariff effects into two scenarios: either consumers pay higher prices (inflation), or suppliers absorb the cost by cutting margins — which he says is far less likely at scale. He also argues “bringing production back” from China isn’t simple: supply chains, resource constraints, labor and capital costs, and retaliation tariffs (Canada/Mexico, etc.) all make the politics sound easier than the logistics. Full episode: https://www.youtube.com/playlist?list=PLJTy3oXCzHShsVuJ-zfiGnx96nuR-BNWB WEB: https://slobodnipodcast.hr/2025/04/13/slobodni-podcast-111-thierry-laurent-pellet-maga-ili-sarn-spasimo-ameriku-odmah/