No Lie with Brian Tyler Cohen cover image

No Lie with Brian Tyler Cohen

The REAL reason for Trump's wildly unpopular tariffs

Apr 6, 2025
Brian Tyler Cohen chats with Tommy Vietor, former National Security Council spokesman, about the fallout from Trump’s tariffs and their economic repercussions. Data journalist Elliot Morris dives into the implications of recent electoral successes, particularly in Wisconsin. Michigan state senator Mallory McMorrow, who’s running for U.S. Senate, shares her vision for progress amidst political challenges. Dan Osborn discusses his exploratory committee for the 2026 race, emphasizing grassroots engagement and tackling wealthy donor influence in politics.
01:12:00

Podcast summary created with Snipd AI

Quick takeaways

  • Trump’s tariffs have led to a market crash, job layoffs, and escalating recession fears, demonstrating enormous economic fallout from his policies.
  • The tariffs have inadvertently strengthened alliances between countries like Japan and China, undermining U.S. interests and altering global trade dynamics.

Deep dives

Impact of Trump's Tariffs on the Economy

The implementation of tariffs by Trump has led to significant negative consequences for the economy, including a market crash that erased all gains since his presidency began. Companies are responding to these tariffs by laying off employees, and fears of a recession are escalating. Notably, instead of coercing other nations into negotiations, these tariffs have pushed countries like Japan and South Korea to strengthen ties with China, undermining U.S. interests. This pattern indicates a strategy that is not just economically flawed but politically detrimental, as it jeopardizes America's standing in global trade.

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