NBC Meet the Press
April 13 — Peter Navarro, Sen. Cory Booker and Ray Dalio
Apr 13, 2025
Peter Navarro, former White House trade advisor, shares insights on the implications of Trump's tariff strategy, especially regarding China. Ray Dalio, founder of Bridgewater Associates, discusses the cyclical nature of debt and potential economic downturns reminiscent of the Great Depression. Senator Cory Booker emphasizes the need for political unity within the Democratic Party amidst current crises. Together, they navigate the complex landscape of trade, economic pressures, and political dynamics shaping the future.
47:30
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Quick takeaways
- Recent changes in President Trump's tariff strategy create significant uncertainty, with potential repercussions for U.S.-China relations and the global economy.
- Experts caution that if tariffs are not managed carefully, they could lead to severe economic downturns, impacting inflation and consumer spending.
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