Bannon`s War Room

Episode 4385: Outcry From Liberation Day; The Great Deal

Apr 3, 2025
The discussion kicks off with the impact of recent tariffs on global trade and political reactions worldwide. It dives deep into America's trade deficit crisis and proposes a shift towards gold investment for financial safety. The conversation critiques U.S.-China relations and emphasizes prioritizing American interests over globalism. Additionally, there's a call for revitalizing domestic manufacturing jobs and a look at the rising populist movements in Europe. Political dynamics and urgent tax matters are also put under the microscope.
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INSIGHT

Tariff Justification and Scope

  • Donald Trump argues that tariffs are necessary because other countries have been exploiting America for years.
  • The White House says the 10% tariffs will apply everywhere, including places like the Heard and McDonald Islands in Antarctica, which have no human inhabitants.
ANECDOTE

Global Reactions to Tariffs

  • France stated that "we are ready for this war," highlighting the strong reactions from the international community in response to Trump's tariffs.
  • Other countries, including Britain, Poland, Australia, and China, also expressed concerns and criticisms about the tariffs.
INSIGHT

Globalism in Reverse

  • Globalism has been declining since COVID-19, and the reversal's direction has been unfavorable.
  • If Trump had a second term, onshoring might have occurred more quickly, potentially benefiting the U.S. instead of other countries.
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