Richard Stern, acting director at the Thomas A. Roe Insititute for Economic Policy Studies, explains how global tariffs against the U.S. hurt American entrepreneurs. “It means that hardworking Americans here that make a good product, that would find customers in Germany and in China and in Japan, can’t sell there because of their government special interest capture that tariffs our products in an attempt to funnel that value to their own businesses that line the pockets of those politicians,” he says.