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Bannon`s War Room

Episode 4389: Fed Powell Addresses The Nation On Tariffs

Bannon`s War Room

WarRoom.org

News, Politics, News:politics

4.415.6K Ratings

🗓️ 4 April 2025

⏱️ 59 minutes

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Summary

Episode 4389: Fed Powell Addresses The Nation On Tariffs 

Transcript

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0:00.0

Harris and the Biden administration was the intrusion of corporations.

0:04.0

They don't have an allegiance to the U.S.

0:07.0

That's the heart of the problem in Trump's mind.

0:10.0

Is the elite multinational corporations know no borders, the money goes everywhere,

0:16.0

and the free trade globalism has been in reverse, really, since COVID.

0:21.7

The problem is that the direction of that reversal was wrong.

0:25.4

And maybe if Trump had a second term instead of Biden, instead of Vietnam and some of the

0:30.2

alternate places that were extracted from China during COVID, maybe it would have come

0:35.6

to the U.S.

0:36.3

Maybe that would have helped Andrew's question of how long it's going to take for

0:40.0

on-shoring to occur.

0:41.6

I'll tell you what, the structural issues of rejiggering trade are not going to be easy.

0:48.1

But in the end, once again, it comes to, you know, I was doing Santelli exchanges on the end of globalism 10 years ago.

0:56.0

The handwriting has been on the wall.

0:59.0

Ultimately, if you live in the U.S. or you live in Europe or you live in China,

1:04.0

ultimately what goes on at home is very important.

1:07.0

And after World War II, when the United States was way up here economically and

1:12.5

everybody else was in melting ruins we created this structure and the structure is outlived

1:18.7

its usefulness in many ways and to try to tweak this well no economy shuts down for

1:25.1

maintenance is not going to be wait wait what did you say because we're the richest country in the world. No problem shuts down for maintenance is not going to be. Wait, wait, what did you say?

1:28.8

Because we're the richest country in the world.

1:31.5

We came out of the pandemic faster.

...

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