16. Trade Deficits, Tariffs, and the Future of American Industry — Mark DiPlacido
What if globalization didn’t just reshape markets—but quietly reshaped the structure of American life?
In this episode of Tocqueville Talks, Brent Nelsen and Beth L’Arrivée sit down with Mark DiPlacido of American Compass to explore a fundamentally different perspective on trade, tariffs, and economic policy.
DiPlacido argues that the core issue isn’t simply globalization—it’s imbalance. The United States now runs a massive trade deficit, consuming far more than it produces, and financing that gap by trading away assets and accumulating debt.
This isn’t just an abstract economic problem. It…
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