Tariffs & Other Fantasies

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 8 April 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, we watched the world’s biggest economy base its entire trade policy on a formula so dodgy it wouldn’t pass the Leaving Cert. We break down how Trump’s tariffs are chaotic, as well as economically illiterate, dangerously populist, and could have slammed Ireland with more than a 39% hit if not for the EU. This isn’t just bad maths. It’s billionaires mistaking personal instinct for macro strategy, and a White House mistaking nationalism for economic policy. We’re talking supply chains, tanking markets, flying cars in China, Trump channeling FDR, and why the U.S. might be about to run the world like a family business, forever. Strap in.

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Transcript

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1:03.1	To understand the economy, you have to understand human nature.
1:09.4	This podcast is powered by ACAST.
1:15.3	How are you doing there?
1:17.0	It is the podcast that's going to explain everything about tariffs, trade, Trump, and the chaos
1:23.8	that's going on in financial markets and the chaos that's going on around the world.
1:28.0	As the rest of the world reacts to Trump,
1:30.8	but all John is concerned about is that I stay still, right?
1:34.9	I have, as anybody has seen me on telly or whatever, it is.
1:38.6	He's too much sugar.
1:39.7	He's not too much sugar.
1:40.7	I get excited by the issue.
	...

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