In this April 6, 2025 interview on Newsmax Eric Eggers, VP of the Government Accountability Institute, discusses to the economic effects of President Trump’s new tariff policies, noting a $6 trillion stock market drop but expressing optimism for long-term gains.
He and another panelist, economist John Lonski, mention companies such as Rolls-Royce that will be opening US plants and suggest the tariff policies will benefit Trump’s key voters—those less tied to stocks. Despite short-term pain and higher prices, both argue the tariffs could reshape global trade and bolster the economy within a year.