The Headlines
Trump’s New Plan for Social Security Death List, and China’s Counterattack on Tariffs
Apr 11, 2025
The podcast dives into President Trump's controversial tariffs on China, now hitting 125%, and the implications for U.S. farmers. It also discusses the flawed social security death list that has affected migrants, alongside a Supreme Court ruling favoring a wrongly deported man. Diplomatic tensions with Iran are scrutinized, as the Supreme Leader's hesitation continues amidst nuclear talks. Additionally, listeners hear about the tragic collapse of the Jet Set nightclub in the Dominican Republic and the new recognition of stunt design at the Academy Awards.
10:31
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Quick takeaways
- The escalating trade tensions between the U.S. and China, marked by tariffs reaching 145% and 125%, threaten American farmers' livelihoods.
- The Trump administration's controversial immigration policy, involving a 'death list' for migrants, raises ethical concerns and risks widespread disruption.
Deep dives
Stock Market Turmoil from Tariffs
The impact of President Trump's tariffs on the stock market remains significant as uncertainty continues to influence investor behavior. Although there was an initial surge in stock prices after a temporary pause on tariffs, the market quickly resumed its decline due to ongoing concerns about Trump's trade war with China. Current tariffs imposed on Chinese goods have reached 145 percent, while China's retaliatory measures have hit 125 percent, leading to fears of rising prices on imported products in the U.S. Consequently, American farmers, heavily reliant on exports to China, are at risk of financial devastation, recalling the losses they incurred during the previous trade conflicts.
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