Today we're going to talk about Trump's disastrous tariff implementation, and importantly, the not-so-obvious

reason that he's okay with the results. And I've got four interviews this week. I sit down with

Pod Save America's Tommy Vitor to discuss the market crash, data scientist Elliot Morris to discuss

the implications of the Wisconsin Supreme Court race victory as we head toward 2026, and two excellent

candidates as we look toward

midterms, Mallory McMorrow in Michigan and Dan Osborne in Nebraska. I'm Brian Tyler Cohen,

and you're listening to No Lie. So it's clear by now that Trump's imposition of tariffs

has been a disaster. The markets crashed, wiping away all gains since Trump took office.

Companies are laying off employees. Fears of a recession are reaching a fever pitch.

And far from spooking other countries into coming to the negotiating table, they're actually

going around the United States and entering into new trade agreements only without us.

And those agreements include countries like China.

New reporting suggests that Japan and South Korea are teaming up with China to respond to our

tariffs, because that's apparently what we want. At a time when American superiority is threatened

by China, we want to drive other countries into the arms of China.

But it's also true, tariffs aside, that Trump is uniquely and acutely aware of how damaging high costs can be.

And those high costs come, of course, as the result of tariffs.

He himself admitted after the election that the reason he won was because costs were high.

In fact, when we've spoken about this for months,

the global phenomenon of high inflation and therefore high costs is responsible for nearly every incumbent government across the globe, losing either their majorities or losing power

altogether. And so, given how disastrous these tariffs are on the economy and given how

potent the issue of high costs are,

...