# Gold Exports, Trade Deficits, and Tariffs

Page: https://stenobird.com/podcast/the-human-action-podcast-1569402/gold-exports-trade-deficits-and-tariffs
Text version: https://stenobird.com/podcast/the-human-action-podcast-1569402/gold-exports-trade-deficits-and-tariffs.md
Podcast: [The Human Action Podcast](https://stenobird.com/podcast/the-human-action-podcast-1569402)
Published: 2026-01-24T15:02:19+00:00
Episode link: https://mises.org/podcasts/human-action-podcast/gold-exports-trade-deficits-and-tariffs
Audio file: https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-01/HAPod-535-20260124.mp3
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## Resource

Bob responds to James Rickards’ recent tweet on record U.S. gold exports driving an improved trade balance, walking through the official data on non-monetary gold, Trump-era tariff uncertainty, and the broader question of what chronic trade deficits really mean in a post-gold-standard world.  Related: The Charts Used in this Episode: Mises.org/HAP535a Bob's Recent Talk on Trade Deficits: Mises.org/HAP535b Bob's Econlib Article on Oil Prices: Mises.org/HAP535c Politicians don’t build prosperity. Entrepreneurs do. Join Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell for our first event of 2026: Mises.org/HAHC The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

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## Transcript

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