Global Pushback on Tariffs + Can the FTC Beat Meta?

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 21 April 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott and Ed discuss gold hitting a record high, the Trump administration’s new restrictions on chip exports, and Jerome Powell’s comments on tariffs. Then, they unpack how other nations are pushing back against the tariffs, highlighting Trump’s key strategic missteps—including his underestimation of global rivals. Finally, they dissect the key moments from the Meta antitrust trial so far, with Scott laying out the economic upsides of breaking up the company, and Ed outlining how the FTC could actually come out on top. Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Support for the show comes from Mercury, the fintech that more than 200,000 entrepreneurs use to simplify their finances.
0:06.2	When banking can do more, your business can do more.
0:08.7	With Mercury, you can watch your revenue climb with every invoice you send.
0:11.8	You can stay current with contractors with built-in bill pay.
0:15.1	You can unlock the credit you need to scale faster.
0:17.8	Check it out for yourself at Mercury.com.
0:20.5	Mercury, banking that does more.
0:22.9	Mercury is a financial technology company, not a bank, banking services provided by Choice Financial
0:27.5	Group, Column NA, and Evolve Bank and Trust, members FDIC. The I.O. card is issued by Patriot Bank,
0:35.0	member FDIC, pursuant to a license from MasterC.
0:40.5	Support for the show comes from public.com. If you're serious about investing, you need to know about
0:45.0	public.com. That's where you can invest in everything, stocks, options, bonds, and more. And even under 6%
0:50.9	or higher yield that you can lock in with a bond account. Visit public.com slash prop G and get up to $10,000 when you transfer your old portfolio.
0:59.3	That's public.com slash prop G.
1:02.2	Paid for by public investing, all investing involves the risk of loss, including loss of principle.
1:07.0	Brokered services for U.S. listed, registered securities, options, and bonds.
1:10.5	In a self-directed account are offered by Public Investing Inc. member FINRA and SIPC complete disclosures available at public.com slash disclosures. I should also disclose I am an investor in public.
1:25.7	Kate's just off to work after sleeping in the best bed in the business.
1:29.7	And my word, doesn't she look ready for anything?
1:32.8	Something about her smile is just brighter.
1:35.5	Her eyes seem glintier, and she just feels so much more katia.
1:41.3	Of course, it's no surprise, really, because last night she slept at at Premier Inn and she got up to 15% off with business booker.
	...

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