Former German Minster of Economic Affairs on Trump’s Tariffs

Fareed Zakaria GPS

CNN

News

4.3 • 2.9K Ratings

🗓️ 7 April 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today on the show, Fareed speaks with former German Minister of Economic Affairs Peter Altmaier about the impact of President Trump’s tariffs in Europe and around the world. Next, Ehud Barak, former Israeli prime minister, joins the show to discuss Israel’s renewed war in Gaza where Prime Minister Netanyahu is dividing up and seizing more territory. Barak says this is a death sentence for most of the hostages who are still alive. Then, after France’s far-right leader Marine Le Pen was found guilty of embezzlement and banned from running in the 2027 presidential election, Fareed speaks with The Economist’s Sophie Pedder about this shake-up in French politics. Finally, The Atlantic’s Yoni Appelbaum joins to discuss his new book “Stuck” in which he writes about the crisis of geographic mobility in America and its impact on politics and economic opportunity in the country. GUESTS: Peter Altmaier (@peteraltmaier), Ehud Barak (@barak_ehud), Sophie Pedder (@PedderSophie), Yoni Appelbaum (@YAppelbaum) Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is GPS, the Global Public Square.
0:04.3	Welcome to all of you in the United States and around the world.
0:07.8	I'm Farid Zakaria, coming to you from New York.
0:10.1	Today on the program, it's our declaration of economic independence.
0:16.7	Trump's tariff announcement shook the world. The president called it Liberation Day, while the economists dubbed it Ruination Day.
0:27.6	I'll ask Germany's former Minister for Economic Affairs what he thinks the fallout will be.
0:33.6	Also, Prime Minister Netanyahu says Israel is dividing up the Gaza strip and seizing more parts
0:41.5	of the territory.
0:43.2	Is this the start of Trump's Gaza takeover?
0:46.3	The Riviera of the Middle East.
0:48.5	Israel's former Prime Minister, Ehud Barak, is my guest. Plus, I'll give you a preview of my new special, The War on Government,
0:59.0	airing tonight at 8pm, Eastern and Pacific.
1:05.0	But first, here's my take.
1:08.0	Liberation Day is an apt name for Donald Trump's policy to impose massive new tariffs
1:13.8	across the world. His view of the United States is of a victimized colony taken advantage of
1:21.0	by other countries that have robbed it of jobs, industries, and money. This week, when announcing
1:26.7	his tariff plans, he said this.
1:29.5	Our country and its taxpayers have been ripped off for more than 50 years.
1:33.9	Trump's acolytes like J.D. Vance and Howard Lutnik parrot this view,
1:37.9	painting a picture of a hollowed out country with empty factories, unemployed workers,
1:43.0	and stagnant wages.
1:45.0	The reality is the opposite, and it is only because it is the opposite.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNN, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNN and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.