Politics War Room with James Carville & Al Hunt

305: Tariff Turmoil with Roger Altman

Apr 17, 2025
Roger Altman, founder and senior chairman of Evercore, dives deep into the intricacies of tariffs and their impact on the global economy. He reveals how U.S.-China trade relations are shifting and why this matters for businesses and consumers. The conversation highlights the economic uncertainty driven by current policies, alongside the influence of rising interest rates. Altman also discusses the broader implications of trade tensions with the EU and the role of rare earth elements in technological advancement, urging for better trade negotiations and economic stability.
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ANECDOTE

Wrongful Deportation

  • The Trump administration deported Culver Garcia to a dangerous Salvadoran prison by mistake.
  • Despite court orders, they refuse to return him, joking about his plight.
INSIGHT

Harvard's Defiance

  • Harvard defied Trump's attempt to control its operations, even at the cost of billions in grants.
  • This act of courage highlights the importance of institutional independence.
ADVICE

Democratic Strategy

  • Democrats should focus on Trump's broken promises, particularly economic ones.
  • This provides an opportunity to redefine the party's image and connect with working-class voters.
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