Episode
Can Trump’s tariffs help solve America’s $40-trillion debt problem?
- Podcast
- Hub Podcasts
- Published
- Aug 26, 2026
- Duration seconds
- 1514
- Processing state
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- https://shows.acast.com/hub-podcasts/episodes/can-trumps-tariffs-help-solve-americas-40-trillion-debt-prob
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Summary
Trevor Tombe, University of Calgary economist and Hub contributor, breaks down America’s worsening fiscal picture—and why tariffs may be evolving from a trade weapon into a politically palatable form of taxation. He explains why tariff revenue can’t come close to fixing the U.S. federal deficit approaching six percent of GDP, and how the levies can weaken investment, productivity, and economic growth. Tombe also looks at what bond markets are signalling about America’s mounting debt and why the consequences won’t stop at the Canadian border. The Hub is Canada’s fastest-growing independent digital news outlet. Subscribe to our YouTube channel to get our latest videos: https://www.youtube.com/@TheHubCanada Subscribe to The Hub’s podcast feed to get our best content when you are on the go: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/ Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS: Falice Chin - Host, Producer, and Editor [email protected] Hosted on Acast. See acast.com/privacy for more information.