

Ep. 2178 - SHOWDOWN: Trump Stares Down China
43 snips Apr 11, 2025
Mike Gallagher, former U.S. Representative and head of defense at Palantir, joins to dissect the economic strain caused by Trump's high tariffs on China. They explore the shaky U.S. stock market and its implications for American industry. Gallagher emphasizes strategic military spending and reshoring as crucial for national security amidst rising China tensions. They also dive into the complexities of the U.S.-China trade war, touching on rare earth minerals and potential geopolitical flashpoints like Taiwan.
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Trade Policy Comparison
- President Trump's trade policy with China is a significant development.
- The comparison shouldn't be with the avoided tariffs but with rates weeks prior.
China Containment Strategy
- Containing China and preventing IP theft requires a smart, cohesive strategy.
- Similar to any war, knowing the objective isn't enough; tactics matter greatly.
China's Retaliation
- Consider China's potential retaliatory actions in a trade war.
- China could cut off rare earth minerals, sell US bonds, or blockade Taiwan.