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Alhambra CEO Joe Calhoun addresses: (Question) What are the inflationary dangers of US tariff policies? We recently had the current administration announce new tariffs on Chinese goods continuing a bipartisan push for tariffs. This package includes 100% tariffs on Chinese electric vehicles as well as new tariffs on steel, aluminum, batteries and medical equipment phased in over the next three years.

- In general why are tariffs inflationary?

- Specifically at this point in time with the government running large US dollar debt deficits is the future impact of tariffs worrisome?

- There are legitimate concerns that the Chinese government is financially subsidizing products and even using slave labor with Muslim minorities around aluminum production for example. Do you think the type of tariff policies we're seeing are the best tools to address this?

- How worried are you that we are going to be seeing more tariffs, including in markets where there isn't a strong anti-competitive case?

- Doesn't a trend of trade protectionism and tariffs significantly increase the risk of higher future inflation?

Video Length: 00:03:52

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