Victor Davis Hanson: Donald Trump’s Trade Parity ‘Golden Age’ Explained

The Daily Signal Podcast

The Daily Signal

News, Government, Politics, Daily News

4.6 • 1.2K Ratings

🗓️ 4 April 2025

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Adversaries and allies alike have been ripping off the United States with “asymmetrical tariffs” for decades. Now, Trump is fighting back. “Whatever a particular country tariffs us, we reciprocate and just mirror image them. In other words, it’s their choice, not ours,” VDH says. On this edition of “Victor Davis Hanson: In His Own Words,” Victor Davis Hanson explains the history behind tariffs and how other countries have taken advantage of America’s no-tariff policy for years. “It was all predicated in the postwar period. We were so affluent, so powerful—Europe, China, Russia were in shambles—that we had to take up the burdens of reviving the economy by taking great trade deficits,” Victor Davis Hanson says. We can’t afford to remain neutral in the trade war that’s been happening for decades. “If tariffs are so destructive of their economies, why is China booming?” Victor Davis Hanson asks. If you can’t get enough of Victor Davis Hanson from The Daily Signal, subscribe to his official YouTube channel: https://www.youtube.com/@victordavishanson7273 He’s also the host of “The Victor Davis Hanson Show,” available wherever you prefer to watch or listen. Links to the show and exclusive content are available on his website: https://victorhanson.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This Sunday, a Derby rivalry resumes in the Premier League.
0:04.2	As Manchester United host Manchester City at Old Trafford.
0:07.7	What a game!
0:08.6	And you can stream every moment live on Sky Sports, available with no contract with Now.
0:14.8	Take a bow some.
0:16.1	Stream Manchester United versus Manchester City this Sunday from 4pm.
0:20.8	Well, it's just wonderful.
0:22.1	Head to nowtv.com.
0:24.1	18 plus Sky Sports content streamed via internet.
0:27.7	Full terms apply.
0:30.1	April 3rd, Donald Trump announced it as Liberation Day.
0:34.4	By that, he meant we were going to be liberated from asymmetrical tariffs of the last 50 years,
0:40.2	and it was going to inaugurate a new what he called golden age of trade parity, and yet the world seemed to
0:47.1	erupt in anger. It was very strange, which brings up another question. Are our tariffs, really tariffs?
0:53.0	That is, were they preemptive? Were they
0:55.2	punitive? No, they're almost leveled on autopilot. Whatever a particular country tariffs
1:01.2	us, we reciprocate and just mirror image them. In other words, it's their choice, not ours. Hello.
1:21.6	Hello, this is Victor Davis Hanson for the Daily Signal.
1:29.9	April 3rd, Donald Trump announced it as Liberation Day, and by that he meant we were going to be liberated from asymmetrical tariffs of the last 50 years, and it was going to inaugurate
1:36.6	a new, what he called golden age of trade parity, greater investment in the United States,
1:43.1	but mostly greater job opportunities and higher
1:47.3	paying jobs for Americans. And yet, the world seemed to erupt in anger. It was very strange.
	...

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