Before we get started, dear Americano listeners, I would like to bring your attention to the next

Americano Live event. The last one was a huge success, and we anticipate this one will be as big,

if not bigger, to get all Trumpy about it. It's Americano Lives Trump's first 100 days. I will be hosting it, and I will be joined by the great Lionel Shriver.

We will be talking about all things Trump.

There's a hell of a lot to cover, but we'll do our best to cover the lot.

Do join us.

It's at the Emanuel Centre on Wednesday, the 30th of April, and the discussion, according to the blurb here,

the discussion starts at 7.30pm. Book your tickets at spectator.com.uk forward slash

Shriver, which is spelled S-H-R-I-V-E-R, as I'm sure you already knew. Please come.

Hello and welcome to the Americano podcast, a series of discussions about American politics,

power and prejudices. It is 2025 and Donald Trump is president once again of the United States.

We will, of course, be following the moves of the Donald and his second administration very closely.

However, it won't just be politics for us this year. We'll also talk a lot and cover American culture,

life and the arts. I should also remind you, because my producer Natasha will not let me hear

the end of it, that we are on Spectator TV. So head to our YouTube channel to watch that.

I am delighted to be joined today by James Fishback, who is CEO of Azoria, which is a investment

firm, a free-thinking investment firm.

And James, we wanted to talk about the Doge dividend, which we will get onto.

But given that tariffs are so much in the news today,

and we're anticipating tonight, UK time,

Donald Trump's Rose Garden press conference about the tariffs,

I wanted to just start by asking you,

...