Is The Mic Still On Trump's 90 Day Tariff Fiance
Apr 17, 2025
Trump's recent tariff saga creates shockwaves in the economy, only to be abruptly halted. The hosts dive into a wrongful deportation case shedding light on systemic flaws in immigration enforcement. They debate the ethics of spoilers, using iconic series like The Wire as yardsticks. Classroom misconduct takes a humorous twist with a story about a questionable teacher-student interaction. Meanwhile, a billionaire battle unfolds as Musk takes on Altman, reflecting on the intersection of tech and culture.
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Trump Tariff Market Impact
- Trump’s sudden tariff pause wiped out $6 trillion in wealth, revealing market vulnerability.
- The move caused confusion and fueled speculation of a pump and dump scheme.
Tariffs Indirectly Tax Consumers
- Tariffs don’t act as direct taxes but raise product prices, indirectly burdening consumers.
- Increased costs reduce buying power, leading to business closures and job losses.
Tariff Chaos and Exemptions
- Exemptions on critical imports undermined tariff goals and highlighted lack of coherent planning.
- The tariff policy seemed chaotic, lacking clear strategy and defaulting to damage control.
