Gutfeld! Crowd Roars at Douglas Murray’s Reaction to Tariff Market Crash
Apr 9, 2025
auto_awesome
Scott Bessent, former Treasury Secretary and Trump Economic Advisor, shares insights on U.S.-Japan trade negotiations amid a tumultuous tariff landscape. Douglas Murray, a British author and journalist, lightens the mood with sarcastic quips about Wall Street's reactions to Trump's policies. They discuss the outrageousness of proposed 400% tariffs on China and scrutinize media narratives surrounding Biden’s cognitive state, exposing a disconnect between political elites and the public. Together, they navigate the tangled webs of trade, tariffs, and accountability in today's political climate.
Douglas Murray humorously critiques media responses to Trump's tariffs, highlighting the stark contrasts in political perceptions and public awareness.
The podcast delves into how aggressive tariffs are intended to prompt renegotiations of trade deals, especially with historically inequitable partners.
Concerns are raised about the potential repercussions of escalating trade tensions with China, emphasizing the interconnected nature of global economic stability.
Deep dives
Meeting with Israeli Prime Minister
A significant moment discussed is the author's unexpected meeting with Israeli Prime Minister Benjamin Netanyahu in Washington, D.C., where they joined a group of influencers for a candid roundtable discussion. Netanyahu emphasized his openness to addressing all questions, which covered topics from hostages to U.S.-Israel relations. The intense security and protests outside the venue added to the gravity of the event, highlighting the contentious public perception surrounding Israel. The author noted their admiration for Netanyahu's ability to engage directly and humorously, despite the serious subject matter at hand.
Impact of Tariffs on Trade
The discussion then shifted towards the impact of tariffs imposed by former President Trump, highlighting a sense of astonishment over a politician following through on campaign promises. It was argued that the tariffs are intended not only to rectify trade imbalances but also to send a strong message to countries like Japan, which have historically maintained economic advantages against the U.S. The author reflects on the long-term neglect of American manufacturing and how leveraging tariffs could potentially reverse this trend by forcing renegotiations of trade agreements. There's a recognition that while discomfort may arise in the short term, the ultimate goal of fairer trade deals is crucial for long-term economic health.
Global Trade Negotiations
As negotiations with countries like Japan begin to take shape, it was revealed that a number of nations with historically poor agreements are now willing to discuss reformatting their trade terms with the U.S. This willingness is viewed as a reaction to the pressure applied through tariffs, suggesting that those nations are recognizing the need to collaborate more equitably. The author points out that swift progress is expected, especially with allies like Israel agreeing to eliminate tariffs as a sign of partnership. The session reflects a strategic approach to global trade that aims for a balanced economic field, compelling other nations to reevaluate their positions.
Challenges in Global Trade
The discussion raises concerns regarding the possibility of escalating trade tensions, particularly with China, where a cycle of retaliatory tariffs could negatively impact consumers. The author emphasized the necessity of U.S. access to foreign markets, positing that damaging relations with China could have far-reaching consequences not just for American consumers but also for global economic stability. It is mentioned that many countries are apprehensive about adopting aggressive tariff strategies against the U.S. due to the potential repercussions on their own economies. This nuanced understanding of international trade dynamics illustrates the complexity and interconnectedness of global economic relations.
Political Ramifications and Media Response
Finally, the political ramifications of these trade strategies and the media's response are explored, illustrating a backdrop of skepticism and criticism from various quarters. Certain political commentators denounce Trump's policies as reckless, claiming they jeopardize the economy and working-class Americans. The author responds to these criticisms by asserting that the tariffs are a necessary step toward rectifying long-standing imbalances that have harmed American interests. This discourse reveals the contentious nature of current political dialogue surrounding trade issues, with contrasting views on what constitutes good governance and effective leadership.
Dave Rubin of “The Rubin Report” talks about Douglas Murray cracking up Greg Gutfeld and his audience with his reactions to Wall Street and the media’s responses to Donald Trump’s aggressive tariff plan; Trump Economic advisor Scott Bessent explaining to Tucker Carlson why some of our allies have been horrible trading partners; Secretary of Agriculture Brooke Rollins calling BS on CNN’s Jake Tapper for claiming he’s not on the political left; Kevin O’Leary shocks Laura Coates by proposing that Donald Trump raise his China tariffs to 400% to force Xi Jinping to the bargaining table; CNN’s Jake Tapper accusing Tim Walz and the Democratic Party of gaslighting the American public over Joe Biden’s apparent cognitive decline; Scott Jennings humiliating his CNN panel and host Abby Phillip for denying Joe Biden’s cognitive decline as more Democrats are coming clean over the coverup; Byron Donalds taking the time to handle protesters who criticized his handling LGBTQ issues; and much more.
WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/
Check out the NEW RUBIN REPORT MERCH here:
https://daverubin.store/
----------
Today’s Sponsors:
Rumble Premium - Corporate America is fighting to remove speech, Rumble is fighting to keep it. If you really believe in this fight Rumble is offering $10 off with the promo code RUBIN when you purchase an annual subscription,
Go to: https://Rumble.com/premium/RUBIN and use promo code RUBIN
1775 Coffee - Get the Longevity Bundle featuring their top-selling Anti-Aging Coffee, the ultra-rare Peaberry blend, an exclusive 1775-branded tumbler, plus more premium coffee and limited-edition merch you can’t find anywhere else. Get $250 worth of 1775 COFFEE + exclusive merch FOR ONLY $99. Only 1,000 units available. Every dollar you spend enters you to win a blacked-out 2024 Tesla Cybertruck plus $30,000 cash! Rubin Report viewers get 15% off their order.
Go to: https://1775coffee.com/RUBIN and use code RUBIN
Tax Network USA - If you owe back taxes or have unfiled returns, don't let the government take advantage of you. Whether you owe a few thousand or a few million, they can help you.
Call 1(800)-958-1000 for a private, free consultation
