This Week with George Stephanopoulos cover image

This Week with George Stephanopoulos

Full Episode: Sunday, March 9, 2025

Mar 9, 2025
Adam Schiff, Democratic Senator from California, offers keen insights into the party's strategy against the Trump administration's tumultuous policies. He discusses the significant impact of Trump's tariffs on American consumers and global markets, illuminating the economic chaos afoot. Schiff addresses the Democratic response to rising living costs and the urgency for policies that support working-class Americans. He also touches on the challenges within the party and the broader implications of current populist movements, emphasizing the need for unity amidst political strife.
53:11

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • President Trump's tariffs on Canada and Mexico have led to market turmoil and increased prices for everyday consumer goods.
  • The Democratic Party's internal divisions hinder effective economic messaging, risking their electoral prospects by not addressing American families' priorities.

Deep dives

Economic Whiplash from Tariffs

President Trump's recent announcements regarding tariffs on goods from Canada and Mexico have caused significant turmoil in global markets, leading to a dramatic drop in stock prices. The intended 25% tariffs were designed to pressure these countries into taking action on issues such as drug trafficking, specifically targeting fentanyl smuggling, while ostensibly protecting American jobs. However, this has created widespread confusion among businesses and consumers, raising concerns about increased prices for everyday goods. With economic advisors oscillating between justifying these tariffs as necessary and signaling potential carve-outs, the unpredictability has contributed to a volatile economic environment.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode