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Episode 2485: Paul Rice on why Tariffs are dumb
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:40:26
- More information
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Synopsis
It might be Liberation Day today, but according to Paul Rice, founder of US Fair Trade and author of Every Purchase Matters, Trump’s tariffs are dumb. Rice firmly distances Fair Trade from Trump's controversial trade policies, calling them "backward" and "bad for American business." He explains how Fair Trade - which has expanded beyond coffee to include 40 products, from produce to furniture - certifies products through rigorous standards ensuring workers receive fair wages and environmental protections. Every purchase does indeed matter. And, in contrast with Trump’s short sighted tariffs, Rice’s Fair Trade movement is worth celebrating today. Five Key Takeaways * Fair Trade is fundamentally different from Trump's tariff policies - Rice strongly distinguishes between Trump's "big stick diplomacy" approach to trade and Fair Trade's focus on equitable market transactions that benefit workers and the environment.* Fair Trade certification involves rigorous standards - Products earn certificati