Tariffs pushing up prices? That's the common assumption, but Jamieson Greer—the guy heading U.S. trade negotiations now—isn't buying it as a universal rule.

His take? It's more nuanced. Whether tariffs actually hit your wallet depends heavily on the production economy's condition. Strong domestic manufacturing capacity? Tariffs might not translate to price hikes. Weak supply chains? Different story entirely.

This perspective challenges the knee-jerk reaction that tariffs automatically mean inflation. The real variable here is how resilient and adaptable the production side is when import costs shift. Something worth considering as trade policy debates heat up globally.