The Duran Podcast TARIFF PAUSE. White House chaos as problems multiply
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Apr 10, 2025 Recent discussions center on the cancellation of reciprocal tariffs and its implications for U.S.-China relations. The conversation highlights the chaotic landscape of tariff policies from past administrations and their economic fallout. There's a critique of U.S. foreign aid strategies, particularly regarding Ukraine, calling for more targeted solutions. Impulsive leadership is analyzed, reflecting on its impact on international diplomacy. The dynamics between Russia, China, and Iran are explored, suggesting Russia's potential mediating role in global tensions.
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Tariff Policy Instability
- Trump's tariff policy is causing chaos and instability in international relations.
- This makes it difficult for businesses to plan long-term and erodes trust in US policy.
Market Spooking and Economic War
- Trump's advisors and articles like Navarro's and Moran's contributed to market spooking and a sell-off of treasuries.
- The escalating tariffs on China, coupled with aggressive rhetoric, created the impression of economic war.
Reasons for Tariff Policy Shift
- Trump's tariff policy aimed to extract money from countries like the EU, and pressure from tech/Wall Street oligarchs forced him to reconsider.
- Rising bond yields further complicated the situation, along with China's firm stance.