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The Breitbart News Daily Podcast

The Great History of American Tariffs; Guest: Breitbart Economics Editor John Carney on President Trump's "Liberation Day"

The Breitbart News Daily Podcast

SiriusXM

Politics, News

4.4851 Ratings

🗓️ 3 April 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

There's a lot of talk about American tariffs lately. Are they good? Are they bad? Our host, Mike Slater, is here to to cut through the noise and explain the FASCINATING history of tariffs in this great nation and show how they're definitely not a NEW phenomenon. Following the opener, Breitbart's Economics Editor, John Carney, joins the show for a lengthy chat about President Donald Trump's "Liberation Day" event and what we can all expect to see in this country's fiscal future!

Transcript

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0:00.0

Welcome to Pride Bar News Daily, this day after Liberation Day.

0:20.1

We spent an hour on this segment, but we had to

0:24.3

break it up into three parts. So here's the first of the segments where we talked about the history

0:28.5

of tariffs in America. Because my whole perception was that we've never had tariffs, except for one

0:34.5

time, Smoot Hawley, and that caused the Great Depression. But that's not right.

0:38.3

The very first thing we ever did is a country.

0:40.5

The very first bill ever passed by Congress was a tariff bill.

0:43.6

And we've had it for most of our history.

0:45.7

So we're just going back to what we've always had.

0:48.7

So we shared the history of it.

0:50.1

And then we got into some more of the technical stuff with John Carney,

0:52.4

our business editor. But let's start with our segment first on History of Tariffs.

1:19.3

I'm distracted for a second.

1:30.3

So the wife and I and the two oldest kids, we've been up since about two because of the tornado warnings all night. The two younger ones, they slept through it all. So I just went downstairs to go,

1:35.3

say hi to everyone. And the wife and the oldest two are back asleep. And the youngest two,

1:42.3

they're going to be, they're gonna wake up here soon,

1:45.0

and they're very well rested.

1:46.0

So we're about to have a super cell situation of our own

1:50.0

in the house here.

1:51.0

A little calm before the storm right now.

1:53.0

For the next 45 minutes, everyone's asleep.

1:56.0

This is nice, it's a good moment.

...

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