Evil Empire 2.0: Tom Cotton on Europe’s Path to Peace and China’s Dangerous Hegemony

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  High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars.

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  The result is more and more tariffs, higher and higher trade barriers and less and less competition.

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  So soon,

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  because of the prices made artificially high by tariffs that subsidize inefficiency and poor management,

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  people stopped buying.

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  Then the worst happens.

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  Markets shrink and collapse, businesses and industry shut down,

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  and millions of people lose their jobs.

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  It's Friday, March 7th, 2025, and welcome back to Goodfellows,

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  a Hoover Institution broadcast examining social, economic, political, and geopolitical concerns.

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  I'm Bill Whalen.

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  I'm a Hoover Distinguished Policy Fellow.

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  I'll be your moderator today.

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  Joined by two of the wisest gentlemen I know that we call them the Goodfellows.

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  That would include the economist John Cochran,

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  former presidential national security advisor, HR McMaster.

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  We are not joined today by Neil Ferguson,

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  and that's a shame because he would like to have been here because of our guest.

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  Joining us today is Tom Cotton, second term U.S.

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  Senator from the great state of Arkansas.

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