Cooler Heads Are Not Prevailing

Jacob Shapiro welcomes back Peter Harrell, visiting scholar at Georgetown's Institute of International Economic Law and former White House senior director for international economics. Trump keeps finding new legal tools - including a forgotten 1930 law now aimed at Canada - and companies have stopped investing because they can't guess what comes next :/ Also, Washington has quietly bought stakes in 37 companies, with no rules and almost no transparency around any of it.

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Timestamps:

(00:00) - Welcome and Setup

(00:27) - Why Tariffs Matter Now

(02:18) - Rapid Fire Tariff Tools

(03:29) - Supreme Court Fallout

(05:44) - Graham Sanctions Act

(10:22) - Smoot Hawley Meets USMCA

(11:35) - Canada Tariff Mechanics

(15:49) - What Trump Wants

(21:35) - USMCA Future Scenarios