Pivot Crypto Pardon, Amazon Automation, and Reagan Tariff Ad
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Oct 28, 2025 Kara and Scott dive into the controversy of a Reagan tariff ad that got under Trump's skin, sparking a discussion on U.S.-China negotiations over TikTok. They explore the implications of a presidential pardon for Binance's founder and his vision for America as the capital of crypto. Plus, they analyze Amazon's aggressive automation strategy and its potential impact on jobs. The conversation also touches on Argentina's elections and the broader geopolitical landscape, weaving in themes of technology, politics, and economy.
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Tariff Rhetoric Can Backfire Economically
- Ontario used a Reagan audio clip to criticize tariffs and it angered Donald Trump.
- Scott and Kara note that tariff rhetoric can escalate into costly trade retaliation harming U.S. consumers and industries.
Misreading China's Leverage Is Dangerous
- Trump sought a TikTok deal to display strength, but Scott warns he misreads geopolitical leverage.
- China can endure economic pain longer and won't be easily muscled by U.S. pressure, altering negotiation dynamics.
Crypto Pardon Masks Serious Money-Laundering Harms
- Trump pardoned Binance founder CZ after CZ pleaded guilty to anti-money-laundering violations.
- Scott emphasizes Binance's failures enabled transactions tied to terrorism, ransomware, child sexual abuse material, and drug proceeds.
