April Fool's Day Came Late - Ep 1020

April Fool's Day Came Late - Ep 1020

Trump’s tariffs will hurt U.S. consumers and industries, leading to higher prices, fewer imports, and potential recession, while discussing their legality.


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Peter Schiff discusses the steep decline in the stock market following President Trump's announcement of tariffs, with a focus on how these tariffs will negatively impact the U.S. economy. The host argues that, contrary to Trump's claims, the tariffs will not rejuvenate American industries and will instead lead to higher prices for consumers, fewer imports, and potential recession. The tariffs are considered illegal and unconstitutional by the host, who explains that tariffs, historically, have been a burden on the middle class and poor. The host also mentions China's retaliatory tariffs and the broader implications on global trade and economic stability.


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Chapters:

00:00 Introduction: The High Stakes of Trading

00:57 Market Meltdown: The Impact of Tariffs

03:39 Stock Market Analysis: Winners and Losers

05:15 The Global Trade War: China's Retaliation

08:01 The Economics of Tariffs: Winners and Losers

08:52 The Shoe Industry: A Case Study

11:41 The Bigger Picture: US Consumption and Production

25:53 The Constitutional Debate on Tariffs

29:49 Trump's Tariff Strategy: A Closer Look

35:44 Global Trade Deficits and Tariffs

36:20 Scapegoating Immigrants and Trade Policies

37:07 Historical Context of Tariffs and Taxes

40:13 The Populist Movement and Income Tax

43:59 Impact of Tariffs on the Middle Class

47:16 Economic Consequences of Tariffs

52:13 Global Recession and Market Reactions

57:32 China's Role and Global Supply Chains

01:01:54 Investment Strategies and Economic Predictions

01:05:27 Conclusion and Final Thoughts


#tariffs #trump #stocks



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Jaksot(1081)

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In the Eye of the Inflation Hurricane – Ep 855

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16 Marras 202258min

Voters and Investors Keep Getting It Wrong – Ep 854

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11 Marras 202247min

The Gold Train Has Left the Station – Ep 853

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· Commodities break out of their bear market corrections. · Tech stocks collapsing further. · Smart money is buying gold mining stocks. · Labor force participation rate has declined despite extra jobs. Cut your wireless bill to $15/month at https://mintmobile.com/gold Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

7 Marras 202251min

Powell Pulls the Hope Out From Under the Market – Ep 852

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· Federal Reserve raises interest rates again as expected. · Markets spooked as Jerome Powell dropped bombshells in Fed meeting. · Biden administration gets fact checked and deletes tweet. · Weakness in the stock market will continue on after the election. Visit https://indeed.com/peter to start hiring now. Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member. Invest like me: https://schiffradio.com/invest RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Follow me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Our Sponsors: * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy

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For Now, Bad News Is Good Again – Ep 851

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