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The Majority Report with Sam Seder

3544 - Americans Are Paying For Trump's Trade War w/ Justin Wolfers

The Majority Report with Sam Seder

Sam Seder

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4.63.4K Ratings

🗓️ 23 July 2025

⏱️ 77 minutes

🧾️ Download transcript

Summary

It’s Wednesday — hump day on The Majority Report.

We kick things off with Trump and Tulsi Gabbard concocting a brain-drained Epstein distraction campaign about election interference in 2016. While addressing members of Congress, Trump even suggests that when asked about Jeffrey Epstein, Republicans should deflect by claiming, “Obama cheated the election.”

Then we’re joined by Justin Wolfers, Professor of Economics and Public Policy at the University of Michigan, to break down Trump’s irrational tariff policies and the importance of banking independence.

In the Fun Half, we cover a near-disaster in North Dakota where a B-52 bomber came dangerously close to a Delta passenger jet, exposing a communication failure between a local Air Force base and a civilian airport.

Meanwhile, as the FAA is in shambles Transportation Secretary Sean Duffy continues to spread misinformation about crime rates—despite data showing a long-term significant decline, especially in New York.

ICE continues to terrorize families across the nation with brown shirt tactics. This week, we look into the case of Mohamed Naser, a Libyan immigrant who was falsely identified by ICE as Iranian, kidnapped, and still not released—despite ICE acknowledging their "mistake."

All that and more plus IMs

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Transcript

Click on a timestamp to play from that location

0:00.0

The Majority Report with Sam Cedar.

0:07.9

It is Wednesday, July 23rd, 2025.

0:13.4

My name is Sam Cedar.

0:14.4

This is the five-time award-winning majority report.

0:17.6

We are broadcasting live steps from the industrially ravaged Gowanus Canal in the heartland

0:24.6

of America, downtown Brooklyn, USA.

0:29.0

On the program today, Justin Wolfer's University of Michigan professor of economics

0:33.9

and professor of public policy on Trump's trade deals,

0:42.3

tariff deadlines,

0:45.1

and on the potential lack of independence

0:52.4

of the Federal Reserve.

0:57.0

Also on the program, and meanwhile, Trump strikes an inflation-inducing trade deal with Japan.

1:04.6

Canada and Europe, however, prep for their own retaliatory tariffs.

1:14.3

Republicans. prep for their own retaliatory tariffs. Republicans on the Hill call off summer work in Congress to give Trump time to strike a deal with

1:21.3

Jolaine Maxwell and defuse the Epstein scandal.

1:27.4

EPA has drafted a plan to stop itself from addressing climate change.

1:34.0

Columbia University punishes 70 students for protesting in a grant funding SOP to Donald Trump.

1:47.9

Mike Lawler toes the Trump line.

1:51.4

He will run for re-election in the House rather than governor of New York.

1:59.2

Amid protests, Zelensky approves a bill weakening anti-corruption bodies in Ukraine.

2:09.0

And bowing to a Trump executive order, the U.S. Olympic officials will bar trans women from Olympic competition.

2:20.1

The FEMA search and rescue chief resigns over DHS's failures in responding to the Texas floods.

...

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