The Peter Zeihan Podcast Series Why I'm Okay with Some of the Secondary Tariffs || Peter Zeihan
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Apr 7, 2025 Delving into President Trump's latest tariff on Venezuelan crude, the discussion unpacks its constitutional implications and the impact on U.S. refineries. The chaotic nature of the announcement raises questions about economic strategy and globalization shifts. Audiences gain insights into the broader trends affecting international trade and the evolving landscape of tariffs.
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Trump's "Liberation Day slash Tariff Day"
- Peter Zeihan mentions Trump's announcement of a tariff on Venezuelan crude, calling it "Liberation Day slash Tariff Day".
- He invites Patreon members to a live Q&A to discuss this and its potential global impact.
Tariff on Venezuelan Crude and its Implications
- Trump's tariff on Venezuelan crude primarily affects the US, as most Venezuelan oil is refined there.
- This tariff, though illegal, highlights the shift away from rule of law in international relations.
Globalization's End and New Economic Tools
- Peter Zeihan believes globalization is over and traditional economic tools are outdated.
- He suggests a new toolkit is needed, with tariffs as a potential instrument.