Rebuilders Tariffs, trade wars and the bigger picture
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Apr 9, 2025 The announcement of sweeping tariffs has upended global markets, signaling a major shift in international trade. Explore how these changes might lead to economic isolation for the U.S. while reshaping alliances worldwide. The discussion also delves into America's unsustainable debt and how it compares to the decline of past empires, alongside the evolving impact of COVID-19 on the economy. Finally, the show touches on unexpected spiritual awakenings amid widespread uncertainty, framing a unique perspective on leadership and community.
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Tariffs and Their Impact
- Tariffs, a tax on imported goods, aim to boost domestic industries and raise government revenue.
- They can increase prices for both imported and local products, impacting consumers and businesses.
Globalization's Two Sides
- Globalization, built on free trade, fostered economic interdependence and reduced likelihood of war.
- Negatively, it benefited the wealthy, disadvantaged industrial heartlands, and fueled populism.
Trump's Trade War Strategy
- Trump's tariffs aren't just negotiation tactics.
- They represent a fundamental shift in global trade and a response to US debt and competition with China.
