The David McWilliams Podcast Trump’s New Enemies: Billionaires, Big Pharma & Bibi?
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May 15, 2025 In a surprising twist, Trump is adopting progressive policies like taxing the rich and lowering drug costs. This brings him into conflict with his billionaire backers and raises questions about Israel's role in his plans. The podcast also explores recent trade deals, highlighting Ireland's surprising exports to the US and the geopolitical complexity with China. Amid rising inflation and global economic shifts, the implications of these strategies on US relations with countries like Saudi Arabia and the potential recognition of a Palestinian state are discussed.
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Trump Adopts Leftist Policies
- Trump adopts Bernie's policies to appeal to the MAGA base's desire for taxing the rich and lowering drug prices.
- This signals a shift in Trump's stance, possibly alienating his billionaire donors and affecting Middle East policy.
US Pushes Allies Against China
- US-UK trade deal excludes UK pharma and cars unless UK limits trade with China.
- This signals US strategy to pressure global allies against trading with China, risking EU conflicts.
Ireland's Economic Reality Check
- Ireland faces less American investment due to capacity limits and US-EU tensions over China.
- Ireland should focus on resolving housing, health, and education issues instead of rapid economic expansion.