The MeidasTouch Podcast Trump Has Disaster Monday as He Hides From Bad News
Jun 2, 2025
The hosts dive into Donald Trump’s questionable priorities as he spends crucial moments golfing instead of addressing pressing issues. They scrutinize his leadership and social media antics while taxpayers foot the bill for his leisure activities. The discussion shifts to the U.S. economic crisis, revealing the fallout from a substantial decline in shipping from China. They unpack the troubling impact of trade wars and budget cuts in healthcare, examining how these factors contribute to instability across various industries.
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Trade Crisis Under Trump
- Donald Trump's supposed trade deal with China was not a real deal and led to a major drop in trade volume.
- Container ship departures from China to the U.S. fell to the lowest in over a year, risking supply chain issues and shortages.
China Gains Favorability Globally
- Global favorability of China is rising while America's is falling due to U.S. trade policies.
- China is redirecting trade to other countries, weakening U.S. status as a reliable trade partner.
Manufacturing Contracts, Supply Chains Hit
- U.S. manufacturing is contracting after a period of growth under Biden.
- Trade wars and tariffs are causing supply chain disruptions rivaling the COVID pandemic's impact.