What A Day

House Republicans Pass Big Beautiful Bill feat. Rep. Ro Khanna

18 snips
Apr 11, 2025
California Democratic Representative Ro Khanna joins to discuss the chaotic tariff landscape sparked by Trump’s uncertain trade policies. He explores how these tariffs impact the tech industry and the broader economy while raising concerns about the House GOP's proposed budget cuts to crucial social safety nets like Medicaid. Khanna emphasizes the need for grassroots advocacy in challenging political climates, touching on the political ramifications of student visa revocations and the unforeseen effects of tariffs on U.S. spice imports.
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INSIGHT

Market Influence on Tariffs

  • Trump's tariff retreat was likely influenced by the U.S. bond markets.
  • The markets reacted negatively because tariffs still exist, despite the pullback.
INSIGHT

Republican Response to Tariffs

  • Republicans are privately flabbergasted by Trump's actions on tariffs.
  • Some Republicans in swing districts are introducing legislation to regain Congressional power over tariffs.
ANECDOTE

Silicon Valley and Tariffs

  • Apple chartered cargo flights to move iPhones out of India before tariffs hit.
  • Some Silicon Valley figures express buyer's remorse over supporting Trump.
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