$1 bills.

Trump's global tariffs; ICE detention facility in Surprise; Arizona's non-lawyer-owned firms

ASU experts discuss the economic implications of global tariffs on inflation, small businesses, and the domestic supply chain.

Isys Morrow

In this interview aired February 23, 2026, on Arizona Horizon:

They're tariffs, they are just different sections. Ironically, the one he used now is only supposed to be used when there is large and serious balance of payment deficits. He raised it to 15% on Monday. There must have been even a larger serious balance of payment problems because he had to go from 10 to 15%.

Dennis Hoffman, professor of economics and director of the Center for Competitiveness and Prosperity Research

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