The Ben Shapiro Show Ep. 2174 - WHAT COMES NEXT?! Trump’s Tariff War Continues…
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Apr 7, 2025 The discussion delves into the complexities of Trump's tariff war, examining its impact on markets and trade relations. A notable investor raises concerns about tariff strategies fueling economic instability. Confusion over financial fallout, especially for tech stocks, is highlighted. The friction with China and ramifications for U.S. diplomacy are explored, alongside potential trade agreements. The conversation underscores the economic toll on consumers and businesses, raising alarms over rising inflation and recession fears.
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Tariff Uses and Misuses
- Tariffs can be useful for protecting key industries like defense and leveraging other countries to lower their tariffs.
- However, tariffs as inherently good is wrong, they act as a tax on consumers and won't cause massive reshoring.
Ackman's Plea to Trump
- President Trump should call a 90-day timeout on tariffs to negotiate better deals.
- Ackman warns that a trade war will destroy confidence and lead to severe economic consequences.
Zero Tariff Opportunities
- President Trump has the opportunity to secure zero tariff agreements with Israel and Vietnam.
- This would be a positive outcome, allowing him to claim success in leveraging countries towards free trade.