Economic bifurcation, intervening in Argentina, the latest on rare earths, and tariffs’ outsized impact on small businesses — joining us to discuss it all is AAF President Douglas Holtz-Eakin and AAF Trade Policy Analyst Jacob Jensen.

AAF products mentioned in today’s episode:

• In “Economic Bifurcation,” Holtz-Eakin walks through the latest economic news.
• In “The Curious Case of Argentina,” Holtz-Eakin explains why it is a risky move for the Trump Administration to prop up the Argentine peso.
• In “Presidential Mad Money and the U.S.-Japan Trade Agreement,” Holtz-Eakin considers the U.S.-Japan trade agreement.
• In last week’s “The Shipment,” Jensen discusses the latest in U.S.-China trade happenings.
• In “The Impact of Tariffs on Small Businesses,” Jensen estimates the direct tariff costs for U.S. small businesses and explains why small businesses are particularly vulnerable to the administration’s protectionist trade policies.