In episode of Global Tantrum, Ryan Weldzius of Villanova University once again joins Steve and Galen to jump into the imposition of unprecedented tariffs by the Trump administration. The discussion covers the immediate global and domestic impacts, historical comparisons, and the potential for escalating trade wars and currency devaluations — the “Great Depression / WW2 Doom Loop,” if you will. They also explore the strategic logic, or lack thereof, behind these policy moves, and their broader implications for global economic order and US soft power. Tune in for an in-depth, critical analysis of what these tariffs mean for the future of international trade and economic stability.
00:00 Introduction
03:02 Trump's Trade Policies and Their Impact
10:29 Political Ramifications of Tariffs
17:03 Economic Uncertainty and Business Reactions
27:17 Global Trade Shifts and Strategic Implications
32:03 Trump's Escalating Tariffs on China
44:51 The Dollar's Position as Global Reserve Currency
52:48 Potential Cold War 2.0 and Soft Power Decline
55:11 Conclusion and Final Thoughts
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