Uploaded March 2026 | Updated September 2026, 1 week ago

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Trump’s unpredictability injects uncertainty into the economy, foreign policy, and everything else he touches. Even as his war messaging varies wildly moment to moment, the world economy is certain of one thing: it’s bad for the Strait of Hormuz to close.

Guest:  Justin Wolfers, professor of economics at the University of Michigan.

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Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther. Video production by Rob Gunther.

Note: Captions are auto-generated by YouTube.

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