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Trump’s “Liberation Day” Tariffs Are An Economic Disaster! – Dennis Kucinich

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Manage episode 475107903 series 2358125
Content provided by Jimmy Dore. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jimmy Dore or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars.

Trump, in a Rose Garden announcement, said he was placing elevated tariff rates on dozens of nations that run meaningful trade surpluses with the United States, while imposing a 10% baseline tax on imports from all countries in response to what he called an economic emergency.

The president, who said the tariffs were designed to boost domestic manufacturing, used aggressive rhetoric to describe a global trade system that the United States helped to build after World War II, saying “our country has been looted, pillaged, raped and plundered” by other nations.

Guest host Aaron Maté and former Democratic Congressman Dennis Kucinich discuss the likely negative economic consequences of Trump’s tariffs, consequences that will likely be borne by those at the bottom of the economic ladder.

Plus segments on Marco Rubio’s startlingly hypocritical about-face on free speech when it comes to Israel, Benjamin Netanyahu’s recent statements bragging about Israel’s control over what Americans are allowed to say, and former UK Prime Minister Boris Johnson admitting that Ukrainian neo-Nazis sabotaged peace with Russia.

Also featuring Kurt Metzger and Jenin Younes.

  continue reading

184 episodes

Artwork
iconShare
 
Manage episode 475107903 series 2358125
Content provided by Jimmy Dore. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jimmy Dore or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars.

Trump, in a Rose Garden announcement, said he was placing elevated tariff rates on dozens of nations that run meaningful trade surpluses with the United States, while imposing a 10% baseline tax on imports from all countries in response to what he called an economic emergency.

The president, who said the tariffs were designed to boost domestic manufacturing, used aggressive rhetoric to describe a global trade system that the United States helped to build after World War II, saying “our country has been looted, pillaged, raped and plundered” by other nations.

Guest host Aaron Maté and former Democratic Congressman Dennis Kucinich discuss the likely negative economic consequences of Trump’s tariffs, consequences that will likely be borne by those at the bottom of the economic ladder.

Plus segments on Marco Rubio’s startlingly hypocritical about-face on free speech when it comes to Israel, Benjamin Netanyahu’s recent statements bragging about Israel’s control over what Americans are allowed to say, and former UK Prime Minister Boris Johnson admitting that Ukrainian neo-Nazis sabotaged peace with Russia.

Also featuring Kurt Metzger and Jenin Younes.

  continue reading

184 episodes

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