
In conversation with President Trump
All-In with Chamath, Jason, Sacks & Friedberg
00:00
Reciprocal Trade and Controlling Spending
The speaker discusses the importance of reciprocal trade agreements, mentioning the impact of tariffs on China- made cars and the need for countries to treat each other fairly. They highlight the necessity of balancing trade deficits by imposing reciprocal actions. The conversation shifts to controlling spending, pointing out the substantial increase in the national deficit under different administrations and the need to address the issue by cutting costs, despite facing opposition in Washington.
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