4.8 • 2.2K Ratings
🗓️ 5 December 2024
⏱️ 14 minutes
🧾️ Download transcript
In this Episode, Carl and economist E.J. Antoni discuss the implications of tariffs as a tool for negotiation in international trade, particularly under the Trump administration. They explore the effectiveness of tariffs on countries like Canada, Mexico, and China, and how these measures can impact American consumers. The discussion also touches on the declining value of the dollar and its implications for international relations, particularly with BRIC nations.
Facebook: https://www.facebook.com/carljacksonradio
Twitter: https://twitter.com/carljacksonshow
Parler: https://parler.com/carljacksonshow
Instagram: https://www.instagram.com/thecarljacksonshow
http://www.TheCarlJacksonShow.com
NEW!!!! THE CARL JACKSON SHOW MERCH IS HERE. SUPPORT THE PODCAST GETTING A T-SHIRT NOW!
https://carljacksonmerch.itemorder.com
See omnystudio.com/listener for privacy information.
Click on a timestamp to play from that location
0:00.0 | all right welcome back to the carl jackson show i want to talk about uh these tariffs that president |
0:07.8 | trump seems to be using as an ultimatum um and actually that he is using as an ultimatum against |
0:13.5 | canada china mexico and then later in the week he told the brick nations listen i'm going to slap a |
0:20.2 | 100% tariff on you uh if you don't try to, if you guys don't stop trying to undermine the dollar. |
0:27.7 | So I wanted to bring on E.J. Antony. He's an economist at the Heritage Foundation. You can follow him online. He's excellent at what he does, obviously. Or he wouldn't be at the Heritage Foundation. E.J. |
0:38.5 | and Tony, welcome back to the Carl Jackson Show. I appreciate you coming on. |
0:42.8 | Carl, it's my pleasure. Thank you for having me again. |
0:45.3 | All right, absolutely. So, E.J., I want to go through as many questions as I possibly can |
0:49.5 | or get through as many questions as I possibly can with you, but I want to try to understand |
0:53.8 | what Trump is doing here as well. |
0:56.9 | I mean, I am a free trader, but I do believe that you could use and you should use tariffs as leverage at times, which is what Trump appears to have done, both with Mexico and Canada. That appears to be working. And also, |
1:13.9 | he's doing that with China, at least threatening this 25% tariff. Obviously, he's not in office yet. |
1:19.1 | But give us your general take on tariffs. Are they good? Are they bad? Useful? What's your take? |
1:31.0 | Well, Carl, look, I agree with you. I'm all for free trade, |
1:36.5 | but I'm for free trade, not just on the international stage, but I'm for free trade when it comes to domestic trade as well. In other words, I want lower taxes across the board, not simply on stuff |
1:42.4 | we're buying from other countries. So I want lower income taxes. |
1:46.0 | I want lower sales taxes. |
1:47.6 | Again, I want lower, I want free trade domestically, not just internationally. |
1:52.7 | And that's something that a lot of economists for some reason really seem to miss. |
1:57.2 | So what Donald Trump has essentially done here is he's figured out a way to weaponize the purchasing power of the American consumer. And so he knows he holds all the cards when it comes to negotiating with countries like Mexico, like Canada, that if they decide to engage in this game of chicken with him, if they really want to go toe to toe, |
2:17.9 | it'll basically be a blip on the radar for the American economy and for the U.S. consumer, |
2:22.8 | except it would put those countries, Mexico and Canada, into recession. |
... |
Transcript will be available on the free plan in -70 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Salem Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Salem Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.