Undercurrents

Did Trump just win the trade war?

6 snips
Jul 30, 2025
The podcast dives into Trump's recent economic victories, highlighting soaring revenues and new trade deals with Japan, the EU, and Vietnam. A proposed legislation for tariff rebate checks aims to support middle-class families, reminiscent of pandemic stimulus. The discussion delves into the complexities of Trump's trade strategy, exploring varied reactions from economists and the impact of increased customs duties. Is the current economic boost a sustainable triumph or merely a temporary sugar high? Tune in for the analysis!
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ADVICE

Tariff Rebate Proposal

  • Senator Josh Hawley proposes tariffs rebate checks of at least $600 per person to offset tariff costs for middle-class families.
  • This rebate targets households earning below specific income thresholds to ensure fairness.
INSIGHT

Trump's Tariff Revenues Rise

  • Trump's tariff strategy has led to significant Treasury revenue increases, reflecting some economic victories.
  • However, some experts warn these tariffs could risk long-term economic growth and recessions.
INSIGHT

Uncertainty as Negotiation Leverage

  • Trump uses uncertainty as leverage in trade negotiations, tempering threats to get better deals.
  • While some criticize this, there is no looming disaster and some progress towards re-industrialization is noted.
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