50% Fury as Trump Invokes Tariff Tsunami

The Ben Ferguson Podcast

iHeartPodcasts

News, News Commentary, Politics

4.8 • 5.4K Ratings

🗓️ 14 July 2025

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Trump Administration's Tariff Policies:
- Discussion of new tariffs imposed by President Trump, including:
  - A 50% tariff on Brazil, despite a longstanding U.S. trade surplus with the country.
  - A 50% tariff on copper imports, justified as a national security measure.
- Emphasis on Trump's "America First" approach and frustration with foreign governments, particularly Brazil’s judiciary and former President Bolsonaro.
Criticism of Media Coverage:
- Ben repeatedly criticizes ABC News and other media outlets for questioning or opposing Trump’s actions.
- Claims that the media is biased against Trump and acts in favor of foreign interests.
Economic and Market Impacts:
- Commentary on how tariffs affect markets, especially precious metals like gold and silver.
- Discussion with Kirk Elliott from Kirk Elliott Precious Metals, who promotes investing in silver and gold as a hedge against inflation and economic instability.
Religious and Nationalistic Undertones:
- Ben references the anniversary of an assassination attempt on Trump in Butler, Pennsylvania.
- Asserts that God saved Trump’s life for a purpose—to lead America back to greatness.
- Quotes political figures like Speaker Mike Johnson and Senator John Thune who echo this sentiment.
Investment Advice:
- Strong promotion of silver as an undervalued asset, with projections of significant price increases.
- Warnings against buying collectible or commemorative coins, advocating instead for bullion.
- Promotion of the website KEPM.com/ben for more information on investing in precious metals.

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Transcript

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0:00.0	This is an I-Heart podcast.
0:05.1	President Trump is continuing to move forward with tariffs.
0:09.6	Why?
0:10.7	He's going to put the American workers first.
0:14.1	The White House putting the world on notice with new threats of tariffs that are targeting
0:19.8	our allies, the European Union, Canada, and Mexico.
0:24.2	The White House unveiling a 50% tariff, for example, against Brazil.
0:29.1	Now, of course, the left is freaking out over Donald Trump and what he's doing,
0:32.7	which is exactly why I want to explain it to you so you understand what's really going on.
0:37.4	And the White House decided it was important to send out an asset to the media to talk about
0:43.1	what these tariffs mean and what they can expect moving forward.
0:46.7	Take a listen to the White House's strategy on ABC.
0:50.2	Well, as you know, a lot of economists say that the inflation will be coming and that there
0:54.2	were certainly a lot of exports that were, I mean, imports that were brought in in the anticipation
0:59.5	the tariffs would be placed.
1:01.1	But let me ask you about one new set of tariffs that he announced on Brazil, 50% new
1:09.0	new tariff on Brazil.
1:10.4	Brazil had a $6.8 billion surplus last year.
1:14.6	In fact, the U.S. hasn't had a trade deficit with Brazil since 2007.
1:20.6	I mean, almost two decades.
1:22.6	So why, why are we putting a punishing 50% tariff on Brazil? Well, bottom line is the president has been
1:30.5	very frustrated with negotiations with Brazil and also with the actions of Brazil. In the end,
	...

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