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The Dispatch Podcast

Japan’s Art of the Trade Deal | Roundtable

The Dispatch Podcast

The Dispatch

Politics, News

4.43K Ratings

🗓️ 25 July 2025

⏱️ 72 minutes

🧾️ Download transcript

Summary

Megan McArdle, John McCormack, and Grayson Logue join Mike Warren to discuss President Donald Trump’s recent trade deal with Japan, the latest in the Jeffrey Epstein story (sigh), Russiagate (another sigh), and the cancellation of shared culture. The Agenda:—A sweetheart deal for Japanese automakers—America’s surprisingly resilient economy—Getting the housing market back in balance—Three weeks into the Epstein drama: “unverified hearsay”—Russiagate is just exhausting—Colbert cancelled The Dispatch Podcast is a production of ⁠⁠⁠⁠⁠The Dispatch⁠⁠⁠⁠⁠, a digital media company covering politics, policy, and culture from a non-partisan, conservative perspective. To access all of The Dispatch’s offerings—including members-only newsletters, bonus podcast episodes, and weekly livestreams—⁠⁠⁠⁠⁠click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, this is Ava from Vanta. In today's digital world, compliance regulations are changing constantly,

0:07.1

and earning customer trust has never mattered more. Vanta helps companies get compliant fast and stay

0:12.9

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0:17.8

you're a startup going for your first SO stock two or ISO-27,001,

0:21.5

or a growing enterprise managing vendor risk, Banta makes it quick, easy and scalable,

0:26.4

and I'm not to saying that because I work roundtable, we'll discuss the latest trade deal between the United States and Japan and the state of the American economy. We'll also

0:55.9

talk about the latest drama over the Epstein files and the Wall Street Journal's new revelations.

1:02.8

Plus, how is Tulsi Gabbard the top intelligence official in the Trump administration

1:07.4

trying to dredge up the old Russiagate conspiracy.

1:11.8

And of course, a little not worth your time.

1:14.1

Should we care about the cancellation of Stephen Colbert's late-night talk show?

1:18.6

I'm joined today by my dispatch colleagues, Grayson Logue and John McCormick, plus our friend

1:23.2

Mega McArdle from the Washington Post.

1:25.8

All right, let's get started with some substance, some economic and trade and tariff

1:30.7

substance.

1:32.0

On Tuesday evening, there was a reception at the White House with House Republicans, and

1:39.5

Donald Trump made this big announcement that there was a trade deal, the biggest trade deal ever maybe.

1:45.2

Who knows?

1:45.7

Who's fact-checking the size of these trade deals?

1:49.0

With Japan, I go to the New York Times for the details on this.

1:54.4

The Japanese negotiated with the Americans to create a $550 billion investment fund from the Japanese into the United States,

2:05.6

with the United States government receiving 90% of the profits.

...

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