The Rest Is Politics: US

77. TRUMP BACKS DOWN - TARIFFS FROZEN

103 snips
Apr 9, 2025
Donald Trump suspends his global tariff war, sparking debates on market impacts and administration tensions. Discussions revolve around the political dynamics of tariffs, with metaphors highlighting his leadership style. Concerns arise over the risk of physical conflict with China and broader geopolitical tensions. The challenges in American foreign policy and growing mistrust in the trading system are dissected, alongside economic pressures affecting workers and farmers, hinting at potential civil unrest.
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ANECDOTE

Trade War Turmoil

  • Trump's trade war is causing market turmoil, with retaliatory tariffs from China and the EU.
  • Anthony Scaramucci jokes about past fundraisers in the Trump Hotel, while Katty Kay broadcasts from Las Vegas.
INSIGHT

Trump's Motivation

  • Trump's actions are driven by a need to prove naysayers wrong.
  • He believes he can control the economic fallout from the trade war, similar to his reframing of January 6th.
INSIGHT

Arsonist Analogy

  • Trump's approach to tariffs is likened to an arsonist setting a fire and then claiming victory for putting it out.
  • The hosts discuss Elon Musk's criticism of Trump's policies and his potential return to the Democratic Party.
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