Unchained

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

Listen Later

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

              ...more
              View all episodesView all episodes
              Download on the App Store
              UnchainedBy Laura Shin