President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars.
Trump, in a Rose Garden announcement, said he was placing elevated tariff rates on dozens of nations that run meaningful trade surpluses with the United States, while imposing a 10% baseline tax on imports from all countries in response to what he called an economic emergency.
The president, who said the tariffs were designed to boost domestic manufacturing, used aggressive rhetoric to describe a global trade system that the United States helped to build after World War II, saying “our country has been looted, pillaged, raped and plundered” by other nations.
Guest host Aaron Maté and former Democratic Congressman Dennis Kucinich discuss the likely negative economic consequences of Trump’s tariffs, consequences that will likely be borne by those at the bottom of the economic ladder.
Plus segments on Marco Rubio’s startlingly hypocritical about-face on free speech when it comes to Israel, Benjamin Netanyahu’s recent statements bragging about Israel’s control over what Americans are allowed to say, and former UK Prime Minister Boris Johnson admitting that Ukrainian neo-Nazis sabotaged peace with Russia.
Also featuring Kurt Metzger and Jenin Younes.
