Odd Lots · Saturday, September 12, 2026
The debate around re-industrializing America involves complex considerations of tariffs, inflation, and national sovereignty. Robert Friedland argues that tariffs could make domestic mining more viable by increasing the price of imported copper, but also risk creating inflation and impacting upcoming elections. He emphasizes that a lack of domestic production capacity in critical sectors jeopardizes national sovereignty.
“So if you want to mine in the United States, if you want to be self-sufficient, tariffs are a great idea.”
“If you can't build a nuclear power plant, if you can't build a ship, you lose your sovereignty.”
“And so this is part of the big debate is if you want to reindustrialize America, let's do it in a better way. Let's try to figure out a more sustainable way to do it. But if we don't do it, we have lost our sovereignty.”