4.5 • 1.7K Ratings
🗓️ 8 April 2025
⏱️ 24 minutes
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0:00.0 | Ready to launch your business? Get started with the commerce platform made for entrepreneurs. |
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0:22.9 | entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup. |
0:31.6 | Spring is finally here. For us in D.C., that means cherry blossom, warmer weather, and more breaking news each and every day. |
0:40.5 | To stay up to date on all the news that you need to know, there's no better place than the DSR network. |
0:45.9 | And there's no better way to enjoy the DSR network than to become a member. |
0:50.3 | Members enjoy an ad-free listening experience, access to our Discord community, exclusive content, and more. |
0:57.4 | Use code DSR 2025 for a 40% off discount on sign-up at the DSR network.com slash buy. |
1:06.2 | That's code DSR-20205 at the DSR network.com slash buy. |
1:12.5 | Thank you and enjoy the show. Hello and welcome to the DSR Daily. |
1:36.9 | I'm David Rothkoff, joined today by Minna Stein. |
1:39.6 | As you know, our friend and colleague Riley Fessler is out this week. |
1:44.2 | Minna, where are we starting? |
1:45.6 | We're starting in China. |
1:48.0 | The trade war between the U.S. and China is escalating, with President Trump threatening to nearly double tariffs on Chinese goods, potentially reaching 104 percent. |
1:58.2 | China has vowed to, quote, fight to the end and retaliated with tit-for-tat |
2:02.2 | measures, including a 34% tariff on U.S. imports and currency devaluation to make its exports |
2:08.3 | more attractive. The ongoing trade tensions are causing significant market instability, |
2:13.5 | and experts warn that the rapid escalation could lead to long-term economic pain for both countries with global repercussions. |
2:21.7 | No question about it, but she can't give down. And frankly, you know, Trump's history shows that the way to deal with him is not to capitulate, not to get the deal, but to stand up strong. |
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