The Rubin Report Will Trump’s New Escalation in Trade War with China Backfire?
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Apr 11, 2025 
In this discussion, Anthony Pompliano, an accomplished entrepreneur and financial expert, teams up with Jeffrey Tucker, a fierce advocate for free markets and individual liberty. They dive into the economic impacts of the U.S.-China trade war, with a focus on tariffs and their repercussions on American manufacturing. The duo explores the potential for domestic innovation amidst global trade dynamics and the shifts in energy policies. They also reflect on how technology, including breakthroughs in genetic engineering, could reshape our future.
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Free Trade in a Fiat World
- Classical free trade theory assumes currency settlement between nations, which doesn't exist in our current fiat system.
- The U.S. trade deficit has persisted due to the dollar's supremacy and other countries accumulating dollar reserves.
Lowering Production Costs
- Lowering production costs for businesses requires deregulation, sound money, and a balanced budget.
- China uses its U.S. debt holdings to compete against American businesses, highlighting the need for domestic reform.
Outsourcing Woes
- Chamath Palihapitiya points out America's unpreparedness during COVID, highlighting the inability to manufacture essential goods.
- He emphasizes the need for domestic production capabilities for national security.