4.4 • 6.9K Ratings
🗓️ 13 May 2025
⏱️ 121 minutes
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Hosts:
Tim @Timcast (everywhere)
Phil @PhilThatRemains (X)
Serge @SergeDotCom (everywhere)
Guest:
Emily Austin @emilyraustin (X)
Trump US China Trade Deal Sees Market SKYROCKET, EO Signed To DROP Drug Costs | Timcast IRL
Click on a timestamp to play from that location
0:00.0 | Donald Trump has secured a trade deal, so it's with China, and from this, the markets have rebounded. |
0:06.1 | They are now higher, or at least some of them are higher than before the tariffs went into play. |
0:10.8 | It's fascinating watching the Reddit stocks community. |
0:14.3 | A viral post saying, you guys are all wrong. |
0:16.6 | You live in an echo chamber. |
0:17.7 | Everybody was claiming the markets would be down for decades, several generations. |
0:22.2 | Who knows how long it'll take to recover from Trump's chaos? |
0:25.3 | It was like a couple weeks, and the markets have completely recovered. |
0:29.5 | Now, even CNN has called this a victory, which I got to admit, surprised me. |
0:35.4 | So this is great news for everybody's 401Ks and Donald Trump in general because even with the market recovering, Trump is saying this deal is going to keep a 34% tariff on Chinese made goods generally. |
0:48.4 | So he's getting his tariffs, just not 145%. |
0:51.5 | We'll talk about that, but we also have DHS threatening to arrest members of Congress. |
0:56.9 | They posted a video. |
0:58.3 | I kid you not. |
1:00.1 | It's kind of grainy, but a member of Congress closed fist punches a federal agent. |
1:07.2 | Not kidding. |
1:07.9 | We'll play the tape. |
1:08.6 | I played it earlier. |
1:10.4 | And now there are currently riots happening |
1:12.3 | outside a New Jersey facility once again because the Democrats rally on this kind of violence |
1:19.4 | and crime. Needless to say, they're insurrectionists. And then we'll talk about the current state |
1:24.8 | of the Democratic Party. They're saying AOC may be running for president. |
... |
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