Robert Reich: “Tariffs are essentially — as we now are learning, as most people know — taxes.”

But I believe Trump and his oligarchy will overreach, and we'll choose a more robust democracy.

He is going to increase prices. I mean, tariffs are essentially — as we now are learning, as most people know — taxes.

Trump hosts the first full cabinet meeting of his second term today—with noncabinet member Elon Musk in attendance. It's yet another reminder of who the wealthiest administration in history actually serves: the billionaire class.

We’ve got to have a Democratic Party that is not afraid, that doesn’t take big money, that says to big corporations and Wall Street, 'Too bad. We are going to represent the people.'