In what he called "Liberation Day", Donald Trump imposed heavy tariffs on countries around the world, falsely claiming they were "reciprocal". In reality, the taxes on imports were based on the US trade deficit with other nations. Ben Norton explains how the Trump administration's economic policies are contradictory and will backfire hard on the US economy, fueling inflation while failing to re-industrialize. VIDEO: https://www.youtube.com/watch?v=nv5ZkxQvsz8 Topics 0:00 Trump imposes heavy tariffs 0:27 (CLIP) Trump's "Liberation Day" 0:52 Trump's global trade war 1:18 (CLIP) Tariff is most beautiful world 1:41 New tariff rates 3:20 Backfiring 4:04 How the tariffs were calculated 7:08 Retaliation 8:45 Role of US dollar dominance 9:30 (CLIP) Trump on de-dollarization 9:48 (CLIP) Trump threatens BRICS 10:17 US balance of payments 12:37 Alternative to US dollar 13:14 Dumbest trade war in history 13:42 Reindustrialization 14:32 Financialization 17:53 Inflation 20:00 Coffee, fruit, & vegetables 22:06 Imports from China 24:02 Imports from Vietnam 25:26 Imports of electronics 27:51 Industrial policy 33:41 Moving tax burden from rich to poor 37:02 Outro

US Treasury Secretary Scott Bessent, a billionaire hedge fund manager who worked for George Soros, insists, “Access to cheap goods is not the essence of the American dream”. The Donald Trump administration knows its tariffs will result in higher inflation. Products will become more expensive as the US tries to economically decouple from China. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=8DOCZjS_MVc Topics 0:00 Inflation is coming back 0:41 US Treasury Secretary Scott Bessent 1:57 Billionaires 2:34 (CLIP) Bessent: no more cheap goods 2:49 Stagnant real wages 3:54 How China exported deflation 6:20 Myth of the "American Dream" 6:55 End of income mobility in USA 8:04 US life expectancy falls 9:13 Trump's billionaire-filled administration 9:39 Inflation rises 10:11 Richest 10% drive US economy 11:07 Corruption 11:35 Scapegoating 12:15 Recession risks 13:39 Housing is unaffordable 15:40 Elon Musk 16:13 Blackstone 17:13 Fake populism 18:00 Outro

Dimitri Lascaris, a lawyer and journalist hosting Reason2Resist, dives deep into the Canadian political landscape influenced by U.S. actions. He discusses the unsettling threats posed by Trump, from tariffs to annexation. The conversation critiques the elite disconnect in Canada, particularly regarding outdated policies amidst rising global tensions. Lascaris underscores the superficiality of political discourse and calls for informed voting. He also reviews tax proposals from the NDP and Green Party, pushing for a focus on reducing income inequality.

The discussion reveals how Trump's policies favor billionaires while hurting the working class. His administration is packed with wealthy elites, raising questions about true populism. Tax cuts disproportionately benefit the rich, while tariffs impose additional burdens on the poor. The podcast highlights the growing wealth gap and stagnant wages, examining how economic despair fuels voter dissatisfaction. It underscores the need for a more equitable tax structure and critiques the lack of effective alternatives from the Democratic Party.

JD Vance, U.S. Vice President and notable figure in Silicon Valley debates, dives into his recent speech on globalization. He inadvertently uncovers the U.S. imperial agenda and the troubling objectives of a new cold war on China. The conversation highlights the deindustrialization crisis, the partnership between billionaires and populists, and the scapegoating of China for America's economic woes. Vance also critiques Trump's alignment with Big Tech, emphasizing how neoliberal policies benefit the elite while neglecting the working class.

Donald Trump has threatened to colonize Greenland and make it a US territory, even though 85% of people there oppose this. Ben Norton explains the geopolitical and economic reasons: the USA wants to block China from the Arctic region and to profit from the territory's natural resources, especially critical minerals. VIDEO: https://www.youtube.com/watch?v=BjXzhd4GVzE Topics 0:00 Greenlanders don't want to join USA 0:58 (CLIP) Trump threatens Greenland 1:10 Targeting China 1:58 Natural resources 2:59 Independence from Denmark 3:40 Why they oppose US annexation 4:32 Protests in Greenland 5:57 Greenlandic political parties 7:25 (CLIP) Trump threatens Greenland again 7:59 Imperialism 8:44 (CLIP) Trump's Manifest Destiny 9:16 Expand US territory 9:29 (CLIP) Trump wants to "enlarge" US 9:59 Monroe Doctrine 10:45 Geopolitics of the Arctic 11:32 Map distortions 12:44 Geopolitics of Arctic Circle 13:52 (CLIP) Trump: divide Russia & China 14:15 (CLIP) Marco Rubio on China "threat" 14:41 China 15:25 (CLIP) Trump on Greenland 16:02 (CLIP) NATO chief Mark Rutte 16:21 NATO imperialism 17:48 (CLIP) Trump on US troops 18:41 NATO imperialism 19:00 JD Vance 19:16 (CLIP) Vance on China 19:45 US war with China 20:58 Supply chains 21:37 Ukraine's minerals 22:11 Greenland's minerals 22:29 (CLIP) Vance on natural resources 22:50 (CLIP) Vance on Greenland 23:20 Greenland's critical minerals 24:28 Red, White, and Blueland 25:11 US imperialism 26:51 Outro

The United States is the biggest arms dealer on Earth, responsible for 43% of the world’s weapons exports from 2020 to 2024. The US transferred seven times more than China, and five times more than Russia. Ben Norton explains how the military-industrial complex profits from war. VIDEO: https://www.youtube.com/watch?v=PVFvEmhey_k Sources and links here: https://geopoliticaleconomy.com/2025/03/13/us-top-weapons-exports-china-russia/ Credit to Stephen Semler for some charts: https://www.stephensemler.com Topics 0:00 China "threat" claims 0:43 US military spending 1:34 US foreign interventions 2:40 USA is no. 1 arms dealer 3:57 Top weapons exporters 5:08 Growth in arms exports 5:56 Israel's suppliers 6:23 Top weapons importers 7:16 Europe doubles arms imports 8:32 Trump demands more NATO spending 10:47 Replacing welfare with warfare 12:56 Top military spenders 14:39 Real US military budget 15:40 DOGE ignores Pentagon fraud 17:00 Outro

Can the Donald Trump administration really end the Ukraine war? What is Russia's view? Why did the US fuel the conflict in the first place? These issues are discussed by political economist Radhika Desai, Russia expert Richard Sakwa, and China-based economic geographer Mick Dunford. VIDEO: https://www.youtube.com/watch?v=iR3_KKf6kUY This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP Topics 0:00 Intro 7:08 Historical moment 9:39 NATO 13:30 Multipolarity 15:00 Imperialism & rent extraction 19:03 West lost Ukraine war 20:12 Can Trump end the war? 22:50 Russian view 26:03 Divide Russia and China 28:44 Trump's strategy 32:22 Isolationism 34:39 Russia-China alignment 37:16 Reverse Nixon 38:16 Root causes 40:07 Geopolitical shift 43:37 Trump is symbol of crisis 45:14 Dollar system 46:01 European politics 46:42 Trump's vision 47:44 US-Russia relations 48:29 ASEAN spirit 50:02 Europe's warfare state 54:18 Europe's deindustrialization 58:56 Western double standards 1:00:31 Russia's perspective 1:03:18 Russia's demands 1:06:12 Ukraine's civil war 1:07:40 Outro

Donald Trump’s Defense Secretary Pete Hegseth is a self-declared “crusader” who believes the USA is in a “holy war” against China, the left, and Islam. “Communist China will fall”, he vowed in his 2020 book “American Crusade”, promising, “Israel and America will form an even tighter bond, fighting the scourge of Islamism and international leftism that will never fully abate”. Ben Norton reports on his extremist record. VIDEO: https://www.youtube.com/watch?v=HOg-dqGd6Jk Sources and links here: https://geopoliticaleconomy.com/2025/03/07/us-defense-secretary-hegseth-overthrow-china-crusade/ Topics 0:00 Trump's cabinet of hawks 0:42 Pete Hegseth's "American Crusade" 2:02 Hegseth: "Communist China will fall" 3:26 Make the Crusades Great Again 4:38 Fox News 6:10 (CLIP) US "prepared" for war with China 7:02 Fearmongering about China 7:29 (CLIP) Trump on China "threat" 7:37 Fearmongering about China 8:42 (CLIP) CIA lies, cheats, & steals 8:58 Fearmongering about China 11:31 US military is "most lethal" 12:04 (CLIP) Hegseth: "most lethal" military 12:10 Culture war 13:23 (CLIP) Hegseth on "lethality" 13:28 Conservative identity politics 13:45 (CLIP) Hegseth's "warfighters" 13:59 Media pundit criticizes media 14:20 (CLIP) Hegseth on the media 14:36 (CLIP) Hegseth on Fox News 15:14 Israel 18:17 Hegseth wants war on Iran 18:44 (CLIP) Hegseth calls to bomb Iran 19:55 War with Iran? 20:39 (CLIP) Trump: US will "own" Gaza 20:46 War with Iran? 21:03 Pete Hegseth's elite background 21:41 (CLIP) Hegseth Harvard diploma stunt 22:30 Wall Street 22:55 Neocon 23:35 Guantanamo Bay 24:43 Book "American Crusade" 25:45 Hegseth declares "holy war" 26:33 US Civil War II? 31:05 War on secularism 33:18 (CLIP) Trump on the Bible 33:53 War on secularism 34:16 Hegseth's war on Islam 37:44 Extremist loses friends 38:52 Outro

The discussion dives into BlackRock's purchase of ports near the Panama Canal, a move facilitated by Trump's pressure on Panama to counter China's influence. Insights from U.S. officials frame the geopolitical landscape as a new Cold War against China. The podcast reflects on the strategic goals of U.S. foreign policy, echoing the Monroe Doctrine while highlighting the growing power of corporate oligarchs. There’s a critical look at how this reflects broader economic inequalities and the intertwining of government actions with corporate interests.