Impolitic with John Heilemann
Steve Rattner: No Way to Run a Railroad (Let Alone the World Economy)
Apr 14, 2025
Steve Rattner, Chairman and CEO of Willett Advisors LLC and economic analyst for Morning Joe, shares insights on the chaotic effects of Trump’s tariffs on global markets. He critiques the flawed logic behind the protectionist agenda and its damage to U.S. reputations internationally. Rattner also discusses the unpredictability of the U.S.-China trade war, highlighting severe fiscal irresponsibility in ongoing budget discussions and warns that America's debt may finally catch up with it.
01:06:53
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Quick takeaways
- Steve Rattner critiques Donald Trump's protectionist trade policies, describing them as disjointed and resulting in significant reputational harm to the U.S.
- The podcast outlines the complex interaction between Wall Street's volatility and Washington's economic policies, which essential for understanding market dynamics.
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