PBD Podcast White House COVID Bombshell & Nancy Mace's Daisy Dukes Fight | PBD Podcast | Ep. 579
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Apr 22, 2025 Delve into JP Morgan's sizzling insights on the U.S.-China trade war and hear about Nancy Mace's fiery showdown with a man in daisy dukes. Discover JD Vance's shocking meeting with Modi in India and listen as Gavin Newsom grapples with LA's Olympic chaos. The podcast also uncovers COVID-19 origin debates and explores the challenges facing California as it prepares for the Olympics. Amidst all this, enjoy vibrant discussions on political accountability, personal beliefs, and contemporary societal issues.
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JPMorgan's Trade Tariff Outlook
- Trump's trade war tariffs may raise import taxes to 10-20%, slowing growth but avoiding recession.
- Structured notes and hedge funds are advised to manage investment risks in this volatile market.
Market Fear Amid Trade Uncertainty
- The stock market is showing extreme fear due to uncertainty from tariffs and trade tensions.
- Investment remains, but the pain on small businesses from the trade war is real and urgent.
Trade Deal Timelines and Impact
- Trade deals historically take years; fast deals are rare and years long.
- Companies are shifting production away from China due to tariffs, causing factory closures and job losses.
