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“Exports are good, Imports are bad”? “Tariffs are essential for liberation from economic enslavement”? “Tariffs are Terrorising for economic growth”? Kicking off the Global Manthan Podcast, an exclusive infotainment series produced under my YouTube Channel Ritwik Speaks, I invited Prof. Reto Foellmi from the University of St. Gallen to answer these questions, break a few myths and much more. As the Chair of the Swiss Institute of Applied Economic Research and full professor of International Economics, he provided valuable insights to understand the buzz word that is ‘Tariffs’. Through our conversation, we discussed: • What is a tariff? • Why are tariffs imposed? • What is the economic impact of a tariff? • Can the goals behind tariff imposition be met by other measures? We then dived into a detailed analysis of ‘Liberation’ Day and why the reciprocal tariffs levied by the USA became such a controversial issue. For all this and more, tune into this ‘Tariff-ic’ podcast!