“Aluminum is basically electricity in solid form… when you put a 50% tariff on aluminum, you're putting a 50% tariff on electricity.”

Krisha Freeland · The Ezra Klein Show · Why You Can’t Capitulate to Trump

Play from 10:45
10:45

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What was described

explained that a 50% tariff on aluminum is effectively a 50% tariff on electricity

50% tariff

Said nearby on the same subject

“There was a San Francisco Fed paper… most of the goods inflation we’ve seen has come from tariffs… just stop the tariffs and we’ll go back to goods deflation.”
JB
Jim Bianco
Monetary Matters with Jack Farley ·
Contrarian take Share this moment
“The minimum pain on yourself is you try to avoid imposing tariffs on the intermediate goods… you try to impose the counter tariffs on things that are easily substitutable… target your retaliation so that it hits politically sensitive constituencies.”
KF
Krisha Freeland
The Ezra Klein Show ·
How they work Share this moment
“And $37 million in annual tariff savings for our great wine industry.”
♫
Said on Australian Parliament: House of Representatives
Hard number $37 million Share this moment
“I was the minister responsible for that. And ultimately, America dropped its tariffs.”
KF
Krisha Freeland
The Ezra Klein Show ·
Why it worked Share this moment

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