Make Me Smart Is the tide turning against Trump’s tariffs?
5 snips
Apr 7, 2025 The podcast dives into the chaos following President Trump's sweeping tariffs, with business leaders like Jamie Dimon raising alarms about rising prices and slowing growth. There’s a critical look at the political hypocrisy around trade policies that impacts ordinary citizens. The hosts discuss social issues and the crucial need for accountability amidst economic challenges. They also examine Trump’s tariffs' long-term effects on the U.S. economy and global trade, highlighting the shifting dynamics with China and public reactions.
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Dimon's Contradictory Stances
- Kai Ryssdal expresses his frustration with Jamie Dimon's seemingly contradictory stances on Trump's tariffs.
- Dimon warned of negative economic consequences, yet previously dismissed concerns, urging people to "get over it."
Insulation of the Powerful
- Kimberly Adams points out the resilience of those in positions of power to the effects of major economic policy changes like tariffs.
- Those most affected are often those with the least power to influence those decisions.
The Time for Change
- Change takes significant time, as illustrated by the Montgomery bus boycott.
- A realistic understanding of the time required is crucial for effectively addressing complex issues.