Charles gives the listener a history lesson about how China commoditized opium in the 19th century. Today, they’re peddling new goods to the American people: cheap stuff made in China.

Federalist elections correspondent Brianna Lyman and journalist Batya Ungar-Sargon join Charles to discuss how U.S. consumer spending has spun out of control over the past decades, Americans’ worries about credit card debts, and how tariffs seek to reign in this skyrocketing spending.

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