Bits + Bips: Trump’s Tariffs Are Causing Mayhem, But Will They Revive U.S. Manufacturing? - Ep. 811
Unchained3 Apr 2025

Bits + Bips: Trump’s Tariffs Are Causing Mayhem, But Will They Revive U.S. Manufacturing? - Ep. 811

After President Donald Trump’s proud announcement of ‘Liberation Day’ tariffs, markets worldwide took a tumble. Shortly after Trump’s Rose Garden announcement concluded, James Seyffart, Steven Ehrlich, Ram Ahluwalia, and guest Quinn Thompson discussed: How markets reacted Whether tariffs can bring middle-class jobs back to America Who will end up paying the most Future possibilities of war, recession and stagflation How it all affects crypto Sponsors: Bitwise Hosts: James Seyffart, Research Analyst at Bloomberg Intelligence Ram Ahluwalia, CFA, CEO and Founder of Lumida Guests: Steven Ehrlich, High Scribe of the Unchained Kingdom Quinn Thompson, Master of Macro at Lekker Capital Links Trump Tariffs Shake Markets New York Times: A Stunned World Reckons With Economic Fallout From Trump’s Tariffs Wall Street Journal: U.S. Stock Futures, Dollar Tumble on Trump Tariff Plans New York Times: A Timeline of Trump’s On-Again, Off-Again Tariffs US Tariff History CATO Institute: The Problem of the Tariff in American Economic History, 1787–1934 Brookings: Did Trump’s tariffs benefit American workers and national security? Impact on Bitcoin and Crypto Unchained: Why Trump-Induced Stagflation Could Finally Make Bitcoin a Safe Haven Unchained: How a Radical Proposal in Trump’s World Could Hurt Stablecoins, but Boost Bitcoin The Concerned Consumer and CEO CBS: Consumer confidence slumps to 12-year low as Americans fret over their financial prospects NPR: Why CEOs are calm about tariffs in public — but 'very discouraged' in private 🤝 00:00 Introductions + Quinn’s background 📕 4:09 Trump’s take on U.S. tariff history 📉 6:11 The market’s tumultuous reaction 🏭 11:13 Will tariffs bring manufacturing back to America? ▶️◀️ 12:47 The contradictions in Trump’s policies and the threat of stagflation ⏳ 18:53 Why Trump doesn’t have as much time as he thinks 🥵 24:12 Will American consumers bear the burden? 💥 26:05 Taking a wrecking ball to market psychology ❓ 28:02 Whether Trump inherited a healthy or faltering economy 🫸 32:00 Why CEOs are hesitating and how to persuade them to invest in manufacturing ❌ 35:11 “This is not the way you go do it.” 🇹🇼 40:44 Another contradiction: Trump willing to defend Taiwan while being isolationist? 🪖 47:55 Why the current geopolitical climate is especially dangerous 😱 55:51 Is America heading for a recession? 🤔 01:02:00 How will this affect Bitcoin? Learn more about your ad choices. Visit megaphone.fm/adchoices

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