After President Donald Trumpâs proud announcement of âLiberation Dayâ tariffs, markets worldwide took a tumble.
Shortly after Trumpâs Rose Garden announcement concluded, James Seyffart, Steven Ehrlich, Ram Ahluwalia, and guest Quinn Thompson discussed:
- How markets reacted
- Whether tariffs can bring middle-class jobs back to America
- Who will end up paying the most
- Future possibilities of war, recession and stagflation
- How it all affects crypto
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Trump Tariffs Shake Markets
US Tariff History
Impact on Bitcoin and Crypto
The Concerned Consumer and CEO
CBS: Consumer confidence slumps to 12-year low as Americans fret over their financial prospects
NPR: Why CEOs are calm about tariffs in public â but 'very discouraged' in private
đ¤ 00:00 Introductions + Quinnâs background
đ 4:09 Trumpâs take on U.S. tariff history
đ 6:11 The marketâs tumultuous reaction
đ 11:13 Will tariffs bring manufacturing back to America?
âśď¸âď¸ 12:47 The contradictions in Trumpâs policies and the threat of stagflation
âł 18:53 Why Trump doesnât have as much time as he thinks
𼾠24:12 Will American consumers bear the burden?
đĽ 26:05 Taking a wrecking ball to market psychology
â 28:02 Whether Trump inherited a healthy or faltering economy
𫸠32:00 Why CEOs are hesitating and how to persuade them to invest in manufacturing
â 35:11 âThis is not the way you go do it.â
đšđź 40:44 Another contradiction: Trump willing to defend Taiwan while being isolationist?
đŞ 47:55 Why the current geopolitical climate is especially dangerous
đą 55:51 Is America heading for a recession?
đ¤ 01:02:00 How will this affect Bitcoin?
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