

Raging Moderates: The Art of the Trade War
128 snips Apr 15, 2025
The chaos surrounding Trump's economic and immigration agendas takes center stage, highlighting his trade war U-turn and its implications for global markets. The discussion dives into tense Congressional dynamics with significant cuts and controversial tax extensions. Ethical concerns in trading practices are raised, along with worries about an impending recession. The podcast also sheds light on the harsh realities of immigration policies, emphasizing their impact on undocumented workers and the economy. Personal anecdotes add depth to the complex political landscape.
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Driving Anecdotes
- Scott Galloway shares his son getting a Florida driver's license and Jessica Tarlov recounts her stick shift driving experiences.
- Tarlov's college boyfriend lied about borrowing her car, and Galloway crashed his girlfriend's car.
Trade War U-Turn
- Trump's trade war U-turn involves a 90-day tariff freeze, excluding China.
- This chaotic approach negatively impacts economic approval, consumer confidence, and Wall Street stability.
Reasons for Tariff Pause
- Trump's tariff pause was likely influenced by negative economic indicators and China's treasury sales.
- Rising interest rates coupled with slowing economic growth could lead to stagflation.