The Rubin Report ‘Shark Tank’ Legend Notices Something in Market Crash Others Are Unwilling to See
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Apr 7, 2025 The podcast dives into Donald Trump's unyielding stance on tariffs despite a stock market crash. It features Kevin O'Leary's surprising backlash during a discussion on trade and insights from economic advisor Kevin Hassett on focusing aid for the working class. The dangers of societal violence are highlighted through a tragic stabbing case, and political commentator Eric Weinstein explores shifting political ideologies among teens. Douglas Murray warns against tolerance for extremism, framing it within the context of contemporary liberal society.
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Unfair Trade Deals
- Trump's tariffs aim to fix unfair trade deals where other countries sell cheaply to the US but impose high tariffs on US exports.
- This makes it difficult for American businesses to compete, as they pay decent wages, unlike some other countries.
Market Fluctuations
- Don't freak out about stock market fluctuations; they're normal and can be buying opportunities.
- Trump's approach, while causing short-term pain, aims to address long-term trade imbalances.
Countries Seeking Zero Tariffs
- Kevin O'Leary points out several countries, including Thailand, Cambodia, and the EU, are already calling for zero tariffs with the US.
- This signals that Trump's negotiation tactic may be working.