What Really Matters with Walter Russell Mead The Consolidation of Trump's Power
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Apr 10, 2025 Trump's trade policies are reshaping global power dynamics, weakening Russia's economy and impacting Apple's market value dramatically. The discussion highlights how tariffs complicate supply chains and consumer behavior amidst inflation. A recent meeting between Trump and Netanyahu raises questions about U.S.-Israeli relations and Middle Eastern stability. The conversation also delves into the literary styles of famous economists, illustrating how their writing enhances understanding of complex ideas.
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Trump and Putin: Not Allies
- Trump prioritizes his own interests, similar to Putin.
- This self-serving approach doesn't equate to a genuine alliance, and Trump's recent trade policies harm Russia.
Apple's China Risk
- Apple's reliance on China for iPhone production has backfired with new tariffs.
- This highlights the risk of ignoring geopolitical factors in business decisions.
Tariff Impact
- Anticipate short-term disruptions and market adjustments due to changing tariffs.
- Consider the complexity of administering fluctuating tariffs across diverse products and supply chains.