Episode 17

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Published on:

6th Jun 2025

Tariff Turbulence: Three Scenarios Shaping the Future of Trade

Season 5, Episode 17: Welcome back to Keeping it Real with Dr. Kuehl! SA Chief Economist Dr. Chris Kuehl talks about tariffs and the three scenarios that are in place that the tariff policies are concerned.

ASA Chief Economist Dr. Chris Kuehl is back with a special economic update podcast. In Season 5, Episode 17 (8:02 in length), Dr. Kuehl talks to members about what else… TARIFFS.

  • The difference between the media vs the real world when we hear about tariffs.
  • Why do we need tariffs? Why did all of this start?
  • Why should ASA look at tariffs in a more “holistic” way?
  • Looking at non-tariff barriers (NTB) – could this be more effective with protection?
  • NTB’s for consumer safety, are we seeing more discussion on this?
  • What will happen to the GDP if we see NTB’s happen?
  • Acceleration on current tariff policies – what will happen to the GDP growth in this scenario?
  • Uncertainty, no one knows the rules – why is the construction sector in deep water because of this?
  • These restrictions get lifted all at once, how likely is this to happen?
  • When will we know the outcome? How much longer will this go on?

Ask Dr. Kuehl a Question

Have a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Bri Baresel at bbaresel@asa.net.

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About the Podcast

Keeping it Real Podcast with Dr. Kuehl
PHCP-PVF economic updates in less than 10 minutes.
A weekly podcast, “Keeping it Real with Dr. Kuehl,” debut in July 2020. In these podcasts, ASA Chief Economist, Dr. Chris Kuehl, provides a brief 5-10 minute economic update on areas of keen interest to ASA members, including industrial PVF commodities.