
Stock Market BLOODBATH After China Places 34% Tariff On US, Trump HOLDS FIRM w/ Evita Duffy-Alfonso
18 snips Apr 5, 2025
Evita Duffy-Alfonso, a vibrant podcast host and former Dan Bongino employee, joins the discussion on the staggering $6 trillion loss in the stock market due to Trump's tariffs and China’s retaliation. They dive into the disconnect between political narratives and the financial realities facing younger voters. The conversation also touches on TikTok's governmental censorship, the evolving landscape of masculinity in politics, and the role of Gen Z in shaping future elections. Evita brings a fresh perspective to these pressing socio-economic issues.
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Stock Market Correction
- The stock market drop is framed as a bloodbath, but it's more of a correction.
- Millennials and Gen Z, who are Trump's base, are less affected as they have less stock market investment.
Walmart Town Economics
- Evita Duffy-Alfonso grew up in a Walmart town and understands how money flows to multinational corporations.
- She believes young people know the system is broken and are willing to accept short-term pain for long-term gain.
Tariffs and Manufacturing
- China's retaliatory tariffs could negatively impact the U.S.
- However, it also presents an opportunity to bring manufacturing back to America.