Trump's Tariff Gamble EXPLAINED w/ Chamath

Andrew Schulz's Flagrant with Akaash Singh

Comedy

4.6 • 6K Ratings

🗓️ 10 April 2025

⏱️ 95 minutes

🔗️ Recording | iTunes | RSS

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Summary

YERRR BONUS EP - the guys needed to get a breakdown of what was going on in the financial world so they brought in Chamath Palihapitiya from the All-In Podcast to explain to us what's going on with the tariffs, the economy, Trump and much much more. INDULGE 00:00 Rant! 00:43 What are the tariffs? 5:32 Other countries use of tariffs 9:39 The United States is the truly global leader 14:09 Reliance on others + Tariff helping self-sufficiency 16:55 Was the formula haphazard? 18:28 What is a trade deficit? 21:26 Using other countries as loopholes 23:54 Can China step in and exploit? Trading NATO 29:33 Job creation through tariffs? 34:23 Being world's consumer + Political Cronyism 39:29 Understanding America's debt 49:36 Trump is truly MAGA + Tariff shocked the market 53:08 Stock Market slumping's impact + What is inflation? 1:01:21 America needs growth + Elon's record 1:06:18 What is the downside to tariffs? Trump willing to talk 1:13:58 Being prepared this time around 1:16:58 How Chamath uses his capital 1:20:12 Chamath doesn't own public stocks + Recession incoming? 1:23:36 Are Recessions Republican led? 1:25:44 Views on the outcome? Waiting this out Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, everybody. The stock market is nosed diving faster than Con and Gregory at a Colombian cookout.
0:05.5	People are concerned, anxious, terrified. So, we've asked someone to come on the podcast to calm
0:11.9	your nerves, put you at ease. No, not her. We've asked our richest friend, Chimoff Pineapple
0:16.7	Port-a-Potty Platypus, the former owner of the Warriors, one of the earliest hires at Facebook,
0:21.0	a legit billionaire, and the host of the biggest business podcast in the world all in.
0:25.5	If he would take some time away from surfing on the top of a train to explain why the stock
0:29.5	market looks like Saxon Ratliff the morning after a sibling stroke off.
0:33.2	We're going to find out the real end game for Trump's tariffs, what happens if they don't work,
0:37.4	and why we might already be in a recession.
0:40.2	Indulge in this bonus flagrant episode.
0:43.3	Why don't we just start at the tariffs in general?
0:46.5	What exactly is Trump doing?
0:48.6	What is best case scenario?
0:51.2	What is worst case scenario?
0:52.9	And then what are your personal thoughts?
0:55.6	Let's look at your Air Force ones or your dunks that you guys are wearing there or your
1:01.9	converse.
1:03.4	Those things are made, or Jordans, those things are made outside of the United States,
1:10.1	even though the company that makes them is an American
1:12.8	company.
1:14.6	And what happens is they're made over there, and then they're shipped to the United States,
1:20.6	and then they're sold to you guys somehow, right?
	...

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