Part 5/7:
On the other hand, Dan presents a more pessimistic view regarding the potential fallout from these policies. He argues that tariffs could have lasting negative effects on corporate profits, potentially leading to layoffs and inflation. Without a solid exit strategy from the tariffs, businesses and consumers may tighten their spending, leading to a downward economic spiral. The consequences of poorly interpreted or executed trade policies could turn politically and economically detrimental over time.