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Transcript

A Crash Course on Tariffs

A quick explainer with an economist, for everyone who is as confused as I am about tariffs.

Despite my best efforts, I have been feeling very confused about tariffs. What’s the rate today? Who pays tariffs? How do I plan for what’s ahead? Should I be buying Christmas presents now?

I found myself wishing I could interview an economist on this topic, and I decided to reach out to one of my former professors, Dean Stuart Shapiro. Stuart Shapiro was named Dean of the Edward J. Bloustein School of Planning and Public Policy, in April 2023. He joined Rutgers University in 2003. Prior to that, he received a PhD in Public Policy from Harvard University – Kennedy School of Government and worked at the Office of Management and Budget under Presidents Clinton and George W. Bush.

Dr. Shapiro teaches classes in economics, public policy, and politics. He has written three books and published numerous articles in law reviews, political science journals, public administration journals, and several others. He writes op-eds for The Hill and occasionally other news sites and has been quoted in the popular press extensively.

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