Tired of All This Winning | Roundtable

The Dispatch Podcast

The Dispatch

Politics, News

4.4 • 3K Ratings

🗓️ 1 August 2025

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

Megan McArdle joins Steve Hayes, Jonah Goldberg, and Sarah Isgur to discuss President Donald Trump’s various trade deals and their effect on the latest economic numbers. The Agenda:—Thank you, Scott Bessent—Texas’ mid-cycle redistricting—DoorDash discourse—Parsing Israel news coverage—Famine is a plural word—The new political tribes—NWYT:What are our hosts’ favorite movies? Show Notes:—John McCormack for The Dispatch: ‘We’re Just Hoping the Ship Sinks’—Michael Brendan Dougherty’s National Review—Jason Furman’s New York Times piece The Dispatch Podcast is a production of ⁠⁠⁠⁠⁠⁠⁠The Dispatch⁠⁠⁠⁠⁠⁠⁠, a digital media company covering politics, policy, and culture from a non-partisan, conservative perspective. To access all of The Dispatch’s offerings—including members-only newsletters, bonus podcast episodes, and weekly livestreams—⁠⁠⁠⁠⁠⁠⁠click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Dispatch podcast. I'm Steve Hayes.
0:17.5	On this week's roundtable, we'll discuss the U.S. EU trade deal and the Trump trade agenda more broadly, the Gaza humanitarian crisis, the makeup of America's political tribes and coalitions, and finally, not worth your time that we think is worth our time on movies, films, and things we'd watch again and again and again.
0:37.9	I'm joined today by my dispatch colleagues here Isker and Jonah Goldberg, as well as Megan
0:41.7	McArdle from the Washington Post.
0:43.8	We're going to jump right in on trade.
0:46.8	I want to read some headlines from the popular press here in the past couple days.
0:51.6	New York Times, quote, Trump is winning his trade war. What will
0:55.5	that mean for the economy? CNN with a tweet, U.S. consumer confidence rose in July, suggesting
1:01.7	Americans feel a bit more confident about the economy because of President Trump's tariff agreements.
1:07.8	And the Wall Street Journal, quote, forget Taco, Trump is winning his trade war.
1:14.2	Megan, I want to start with you.
1:16.6	Pretty good week of press for Donald Trump as it relates to trade.
1:20.3	We have some trade lines, trade deadlines upon us here in the next 24 hours.
1:26.9	But he's gotten some deals. He's managed to push American
1:32.3	trade partners into agreements that seem beneficial to the United States. Is he winning the
1:38.1	trade war? I think we are going to get tired of all of this winning, right? I mean, it sort of depends on how you define winning. He has done deals that put high tariffs on other countries and lower tariffs on U.S. goods. That will be good for U.S. exporters. I don't want to take that away from them. But we all have to pay 15% more for the stuff we're buying abroad, which is a fair amount of stuff.
2:02.6	And it's not just, you know, the proverbial Chinese chotchkes that you buy at Target.
2:08.5	There's a lot of foreign goods in our supply chains.
2:12.2	We buy parts and metals and raw materials from elsewhere.
2:16.7	We turn those into finished goods.
2:19.0	So exporters who use those parts are going to hurt, and so are the people who buy their
2:25.8	products domestically.
	...

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