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Bulwark Takes

Trump’s Trade War Lies Explained in 10 Minutes and 39 Seconds

Bulwark Takes

The Bulwark

News, News Commentary, Politics, Society & Culture

4.71.2K Ratings

🗓️ 23 April 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

Will Saletan deep dives into Donald Trump’s attempts to re-write the narrative around his tariffs that crashed the economy, as his administration officials including Peter Navarro, Howard Lutnick, Scott Bessent and Karoline Leavitt repeat the lies on the reason for the tariffs and why they were put on pause.

Transcript

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0:00.0

Hey, it's Will Salatan from the bulwark.

0:02.7

Remember this line from 1984?

0:06.0

Oceania was at war with Eurasia.

0:08.5

Oceania had always been at war with Eurasia.

0:10.9

That was Orwell's illustration of how an authoritarian government can rewrite the past.

0:18.2

And that's also how this authoritarian government, the one that Donald Trump

0:22.8

is building in the United States, is trying to rewrite our past. What I want to show you today

0:30.3

is what actually happened this month in the United States and how our government is gaslighting

0:37.2

us about what they did. On April 2nd, Trump announced

0:41.2

that he would impose tariffs, really big tariffs all over the world. Here's what he told corporate

0:48.8

investors on April 4th. He said, come build factories in the United States because I'll protect you with tariffs.

0:57.6

And those tariffs, he said, will never change. And in case the investors had any doubt,

1:04.2

Trump posted another message later that day. He said the tariffs were, quote, here to stay.

1:14.7

But there was a problem. It turned out that Trump's global trade war was a really bad idea. It was going to crash the economy. So people

1:21.8

started bailing out of the stock market and the bond market. And to stop the bleeding, a rumor went around that maybe Trump

1:30.8

would pause the tariffs for 90 days. But Trump said, no way. He said he wasn't even considering

1:38.6

that idea.

1:39.3

What should be open to a pause in tariffs to allow for negotiations?

1:43.3

Well, we're not looking at that.

1:45.7

But then, he did.

1:47.6

On April 9th, a week after he announced the tariffs, he backed off.

1:53.1

On Truth Social, he wrote that he was authorizing a 90-day pause so other countries could

...

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