Did the successive national shocks of the past half-century lead to the shock of "Liberation Day"? That was the focus of my COMMENTARY daily newsletter from yesterday, and today we use that newsletter as a launching point to discuss Trump's tariffs, the public's reaction, and if we ever lived in "normal" times. Give a listen.
Donald Trump's drastic new tariffs wreak havoc across the global economy, sending markets tumbling and powerful countries reconsidering their alliances—and it turns out they're based on fake math. Tommy and guest host Emma Vigeland, co-host of The Majority Report with Sam Seder, discuss how Democrats can turn Trump's disastrous "Liberation Day" into a win, Judge Susan Crawford's big victory in Wisconsin, and what Cory Booker's marathon filibuster can tell us about where the Democratic party needs to go. Then, Tommy breaks down Trump's tariffs with economics journalist James Surowiecki, who was the first to suggest that Trump's math didn't add up. Later, Tommy talks with former national security advisor and UN Ambassador Susan Rice about Signalgate, Trump appeasing Russia, RFK's assault on our public health, and more.
For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.
Whatever you think of President Trump's tariffs, there's one point you have to concede: his interest in them is not a passing whim.
He noted that on Wednesday, in the Rose Garden, when he was announcing the latest, massive round of tariffs. "I've been talking about this for 40 years," he said.
The use of tariffs are a core belief for Donald Trump. Trade deficits are bad, other countries take advantage of the U.S. and tariffs are the way to fix this.
Since the Rose Garden announcement, markets have plunged, other countries have promised to retaliate, and members of his own party have spoken out against the tariffs.
Trump's tariff plan is designed to eliminate U.S. trade deficits. Are trade deficits actually bad?
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Whatever you think of President Trump's tariffs, there's one point you have to concede: his interest in them is not a passing whim.
He noted that on Wednesday, in the Rose Garden, when he was announcing the latest, massive round of tariffs. "I've been talking about this for 40 years," he said.
The use of tariffs are a core belief for Donald Trump. Trade deficits are bad, other countries take advantage of the U.S. and tariffs are the way to fix this.
Since the Rose Garden announcement, markets have plunged, other countries have promised to retaliate, and members of his own party have spoken out against the tariffs.
Trump's tariff plan is designed to eliminate U.S. trade deficits. Are trade deficits actually bad?
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Whatever you think of President Trump's tariffs, there's one point you have to concede: his interest in them is not a passing whim.
He noted that on Wednesday, in the Rose Garden, when he was announcing the latest, massive round of tariffs. "I've been talking about this for 40 years," he said.
The use of tariffs are a core belief for Donald Trump. Trade deficits are bad, other countries take advantage of the U.S. and tariffs are the way to fix this.
Since the Rose Garden announcement, markets have plunged, other countries have promised to retaliate, and members of his own party have spoken out against the tariffs.
Trump's tariff plan is designed to eliminate U.S. trade deficits. Are trade deficits actually bad?
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Big energy facilities make the grid more stable, but rooftop solar reduces the need for those plants. Regulators have a hard time negotiating the tension. Economist Lynne Kiesling comments.
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who believe that only “class interests” matter.
Hungary announces it will withdraw from the ICC, Berlin moves to deport four foreign national Gaza protesters, and a French court finds Marine Le Pen guilty of embezzlement. Also: Why aren’t European leaders finding tougher words on Turkey? Can Europe really go it alone? Who will save Radio Free Europe? All that, plus the craziest spy story you ever heard!
David Bahnsen joins us today to discuss the Trump tariff earthquake and whether it's here to stay, will somehow be walked back, and whether any good can come from it. Give a listen.