Breaking Points with Krystal and Saagar 2/3/25: Trump Smacks Canada & Mexico With Tariffs, Elon Musk DOGE Gov Takeover
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Feb 3, 2025 
In this discussion, Jeff Stein, a seasoned reporter for The Washington Post, unpacks the economic fallout of Trump's sweeping tariffs on Canada and Mexico. He highlights the potential inflationary pressures and their impact on U.S. households. The conversation also dives into Elon Musk's controversial influence on government payment systems, raising alarms about accountability and cybersecurity risks. With concerns about billionaires shaping democracy, this episode poses critical questions about trust in government and the implications of privatized power.
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Tariffs on Canada and Mexico
- Trump announced a 25% tariff on Canada and Mexico, excluding Canadian oil.
- Additional tariffs on Canadian oil will start on February 23, 2024.
Rationale Behind Tariffs
- Trump's tariff policy aims to incentivize domestic manufacturing and reduce trade deficits.
- He believes tariffs promote success, despite potential short-term disruptions.
Impact of Tariffs
- Krystal and Saagar discuss the potential impact of tariffs on consumers and the economy.
- They debate the effectiveness of tariffs in bringing back manufacturing jobs.