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The David McWilliams Podcast

Trump’s New Enemies: Billionaires, Big Pharma & Bibi?

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 15 May 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

Trump is stealing Bernie’s manifesto. In this episode, we dive into why Trump is suddenly talking about taxing the rich and slashing the cost of prescription drugs, policies lifted straight from the progressive left. Is he turning on the billionaire donors funding his campaign? And is Israel, long a pet cause of those donors, being quietly edged out of Trump’s new MAGA calculus? We unpack a flurry of recent deals, from a largely meaningless UK–US trade agreement , to an urgent truce with China after Chinese exports to the US through the Port of LA fell by 50%. Behind the white smoke: a looming summer of empty shelves, rising inflation, and a reminder that America’s economic dominance isn’t what it used to be. Meanwhile, Ireland exports more to the US than the UK does, despite being 12 times smaller, but could soon find itself caught in the crossfire if the US starts attaching China-related conditions to EU trade.

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Transcript

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1:02.4

To understand the economy, you have to understand human nature.

1:08.8

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1:11.6

What we're doing is equalizing.

1:16.6

There's a new word that I came up with, which I think is probably the best word.

1:19.6

We're going to equalize.

1:20.6

That is a word I've never heard to equalize.

1:23.6

I remember when we were kids.

1:25.6

Me neither.

1:26.6

Do you remember people would equalize in football? Yes. Screamer from outside and I think, I'll equalize. I remember when we were kids. Me neither. Do you remember people would equalize in football

1:27.8

with the screamer from outside? I'll equalize. But apparently, we never said that. It was actually

1:34.5

a new word by Donald Trump. But not only that, Mark, it's the best word. It's the best word, because it's my new

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