Two or more states raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers
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Today, John, Les, and Special Guest Peter Harrell—former Senior Director for International Economics at the NEC & NSC—trace the arc of U.S. trade and economic policy toward China from the engagement era of the late 1990s through future administrations. For decades, Washington operated on the theory that integrating China into the global economy through the WTO would create market opportunities and encourage political liberalization — a paradigm that persisted through Clinton, Bush, and Obama even as warning signs accumulated. The shift came gradually, driven by Chinese malign tactics, Xi Jinping's consolidation of power, and a business community that eventually saw more risk than opportunity in the relationship.What tools — tariffs, export controls, industrial policy — have actually moved the needle on economic security, and which are more political theater than strategy? Did Trump's first-term tariffs reshape trade flows in any meaningful way, or did transshipment through states such as Vietnam and Mexico simply obscure continued Chinese dominance? How should policymakers think about the trade deficit as a strategic variable, and what would it actually take to address it? Check out the answers to these questions and more in this episode of Fault Lines.@lestermunson@johnclipsey@petereharrellLike what we're doing here? Be sure to rate, review, and subscribe. And don't forget to follow @faultlines_pod and @masonnatsec on Twitter!We are also on YouTube; watch today's episode here: https://youtu.be/Metg6cjphQo Hosted on Acast. See acast.com/privacy for more information.
When people hear the words “trade war,” they usually think of one person: Donald Trump. But while everyone has been watching Washington and Beijing, another potential trade war has been developing much more quietly—and this one could be even more disruptive than most people realize. And for one of its participants, a key line has just been crossed. Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider----------------------------------------------------------------------------------If you want to see The Four Economic Regimes, and How to Position Your Portfolio for Each One, sign up here https://eurodollar-university.com/home-page----------------------------------------------------------------------------------https://www.bloomberg.com/news/articles/2026-07-28/germany-maps-china-s-weaknesses-in-preparation-for-a-trade-warhttps://www.youtube.com/watch?v=NmaOMHPQR1Ahttps://abcnews.com/International/wireStory/china-slaps-export-controls-14-eu-entities-retaliation-135045129https://www.youtube.com/watch?v=Fml0iDKyNaEhttps://www.n-tv.de/politik/Vier-von-fuenf-Deutschen-sind-unzufrieden-mit-der-Bundesregierung-id31083833.htmlhttps://www.bloomberg.com/news/articles/2026-07-27/german-industry-warns-energy-price-shock-is-crimping-investmenthttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
The global economic landscape is contested between China and the United States, with America's partners such as Europe also playing important roles. China has pursued policies of one-way dependencies, and …
In Episode 491 of Hidden Forces, Demetri Kofinas speaks with trade economist Chad Bown—a former chief economist at the U.S. State Department, host of the popular Trade Talks podcast, and co-author of the recently published How to Win a Trade War—about what international policymakers, companies, and individuals need to understand about America's ongoing trade war, what victory would look like for the various parties involved in the conflict, and most importantly, how to win. The first hour lays the intellectual groundwork for understanding the modern trading system, examining the unique role played by the dollar and capital recycling in concentrating the gains from trade among the owners of capital, and stress-testing the theory of weaponized interdependence through the ongoing case studies of Russia's war against Ukraine and America's latest war with Iran. The second hour turns from the motivations behind the current trade war and what's at stake to the players themselves, their incentives, and what it means to wage a trade war in the first place—the weapons at each nation's disposal, the defensive measures to be taken, the strategies to be deployed, and the various time horizons and end games to be considered when fighting one. They close with an assessment of American industrial policy, including the CHIPS Act and the semiconductor export-control regime, Beijing's willingness to weaponize its dominance in rare earths and permanent magnets, and three scenarios for how this new and likely durable era of economic conflict could ultimately unfold. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Join our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 07/23/2026
How has Donald Trump got away with bringing in new tariffs when the last lot were ruled unlawful? Why is the UK in a worse position than the EU now? Are trade wars always bad? Had anyone ever won one without harming themselves? Are we ever going to get back to free trade? Robert and Steph are joined by economist and FT columnist Soumaya Keynes, self-confessed trade nerd and author of ‘How to win a trade war' to evaluate the damage from Trump's new wave of tariffs on 60 countries. The Rest is Money is brought to you by Octopus Energy, Britain's smart energy pioneer. This episode is brought to you by Accenture. https://Accenture.com/Spotify-UK Email: therestismoney@goalhanger.comX: @TheRestIsMoneyInstagram: @TheRestIsMoneyTikTok: @RestIsMoney Advertise with us: Partnerships@goalhanger.com For more Goalhanger Podcasts, head to www.goalhanger.com Video Editor: Dylan BonhamProducer: Isabelle BougeardExec Producers: Chris Sawyer and Tom Whiter Learn more about your ad choices. Visit podcastchoices.com/adchoices
Gyles Beckford reviews How To Win A Trade War by Soumaya Keynes and Chad Bown, published by Pan Macmillan.
AI, Cybersecurity, and Public Policy: Export Controls, Arms Races, and the "New Radium" On Cyber Security Today (Weekend), the host interviews Pratim Datta, a Kent State University professor and former global consultant, about the past six months of AI and public policy as it intersects with cybersecurity. They discuss Anthropic's "Mythos" and "Fable," the marketing-versus-risk debate around autonomous hacking tools, and how the sheer volume of vulnerable code creates a "digitally polluted" environment. The conversation covers whether AI is a consumer product or a weapon, the implications of U.S. export controls (including restrictions affecting foreign nationals), and how model pullbacks may have shaken allies' trust in American tech. They also examine comparisons to radium and nuclear-era unknowns, the OpenAI–Hugging Face incident, the "cathedral vs. bazaar" tension of closed vs. open models, and the broader U.S.–China economic and national security struggle. 00:00 Weekend Show Kickoff 01:15 Meet Prat Dadam 01:59 Policy Whiplash in AI 02:55 Mythos Hype and Fear 06:27 Digital Pollution Problem 07:53 AI Arms Race Begins 09:18 Export Controls Shockwave 14:31 Weapon or Consumer Tech 16:57 New Radium Analogy 21:57 Economics and Trade Wars 23:49 Cathedral Versus Bazaar 25:44 Censorship and Control 27:16 Jurassic Park Chaos 30:27 Hotel California Reality 32:36 Closing Thoughts and Thanks
P.M. Edition for July 24. Today an FDA committee voted to increase access to six of seven peptides. Those are substances that haven't undergone regulatory approval, but they're promoted on social media and promise physical transformations like better skin. We hear from WSJ health and wellness reporter Alex Janin about what the vote means and whether it paves the way for a peptide gold rush. Plus, new tariffs went into effect today intended to combat forced labor, and President Trump also threatened new tariffs on the European Union. Journal trade and economic policy reporter Gavin Bade discusses the future of President Trump's tariff agenda. And measles cases in the U.S. this year have already surpassed last year's number, reaching a three-decade high. Alex Ossola hosts. And for more on peptides, listen to our What's News Sunday episode. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Months after many of his ‘Liberation Day' tariffs were declared illegal by the Supreme Court, Donald Trump has announced a fresh wave of tariffs against dozens of countries.This time, using the allegation of “forced labour” by America's trading partners, Trump is hoping his new tariffs will be less open to challenge in the courts.But what will the impact be on American consumers already hit hard by the war in Iran? And can anyone take Trump's trade policy seriously, when it can all change in an instant?On this episode of The Fourcast, Matt Frei is joined by Australian-American economist Justin Wolfers, as well as Financial Times columnist and co-author of the book How to Win a Trade War, Soumaya Keynes.
Group Chief Economist Neil Shearing unpacks another turbulent week for the global economy. He talks to David Wilder about the latest escalation in the US trade war, the economic fallout from rising tensions with Iran and higher oil prices and why the AI investment boom continues to reshape growth in the US and China.Trade war: What's behind the Trump administration's latest tariff announcements and why global trade has remained surprisingly resilient.Shooting war: After oil $100 a barrel again, what are the implications for inflation and central banks if tensions in the Middle East continue to escalate?AI boom: How AI investment is now the major driver of growth in both the US and China, and what happens if the boom turns to bust? Related contentFed preview: Rate hikes coming, but not until Septemberhttps://www.capitaleconomics.com/publications/us-fed-watch/rate-hikes-coming-not-until-septemberBank of England preview: BoE to hold rates as energy prices keep rate hikes in playhttps://www.capitaleconomics.com/publications/boe-watch/boe-watch-boe-hold-rates-energy-prices-keep-rate-hikes-playWhat is the future of US tariffs?https://www.capitaleconomics.com/publications/global-economics-update/what-future-us-tariffs
Economist Joseph Steinberg explains the U.S.–Canada trade war, Trump's tariffs, Mark Carney's strategy, CUSMA, Canadian jobs, the auto sector, China, and why Canada's domestic economic policies may be the bigger threat with host Aaron Pete.Send us Fan MailSupport the shownuancedmedia.ca
President Trump this week has announced a set of 50 percent tariffs on various Canadian goods, with a 30-day window to negotiate before they are imposed. In retaliation against Canada's quotas on American cars and alcohol, Trump proposes to levy tariffs on wine, hockey sticks, and cement. But does it serve America and the Right ahead of midterms? Meanwhile, Deputy Attorney General Todd Blanche's confirmation hearings, following the dismissal of Pam Bondi, give a snapshot of the Right's shifting composition ahead of midterms. Plus: Lindsey Graham, RIP.Recommended:Let's Not Do That Again This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit claremontinstitute.substack.com/subscribe
In this episode from 2025, Matt Bufton speaks with Don Boudreaux about tariffs, free trade, and the economic misunderstandings that drive protectionist policies. Don critiques the balance of trade doctrine, drawing from historical examples and economic theory to explain why tariffs harm both consumers and producers. The discussion covers the impact of tariffs on the U.S. and Canada, how politicians exploit economic misconceptions, and why a policy of unilateral free trade would be the best path forward. References Globalization by Don Boudreaux Paperback: https://www.bloomsbury.com/us/globalization-9780313342134/ The Essential Hayek by Don Boudreaux Free PDF: https://www.fraserinstitute.org/sites/default/files/essential-hayek_0.pdf "The Case for Free Trade" by Don Boudreaux (Mercatus Center) https://www.mercatus.org/system/files/boudreaux-benefits-free-trade-ep-v2.pdf "Don't Get Played By Protectionists" (Cafe Hayek) https://cafehayek.com/2025/03/dont-get-played-by-protectionists.html "On America's Trade Deficit With China" by Don Boudreaux https://thedailyeconomy.org/article/on-americas-trade-deficit-with-china/ "Adam Smith Doesn't Like U.S. Trade Policy" by Stuart Anderson https://www.forbes.com/sites/stuartanderson/2018/07/18/adam-smith-doesnt-like-u-s-trade-policy/ Thanks to our patrons, including Kris Rondolo, Amy Willis, and Christopher McDonald. To support the podcast, visit https://patreon.com/curioustask.
#893: Trump slaps a 50% tariff on certain Canadian goods trade discrimination. The UK welcomes Andy Burnham as its 7th prime minister in just over 10 years. The FDA retracts a test result that linked Taylor Farms lettuce supply to the outbreak of explosive diarrhea. The Paramount-Warner Bros. Discovery merger has hit another snag as a federal judge halts the deal for at least two weeks. Why are CDs becoming popular again? Finally, the Avengers: Doomsday drops its first full trailer. Got hard questions? Head to https://www.claude.ai/mbd to answer them. Get tickets for our trivia tournament! https://caveat.nyc/events/the-morning-brew-trivia-tournament-2026-07-30 Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Learn more about your ad choices. Visit megaphone.fm/adchoices
Sonic Truth Season 9, Episode 10: Cody Carpentier from Rosterwatch joins Coach and The Podfather from PlayerProfiler to review some controversial trades involving Breece Hall and Sam Laporta. The market for Emeka Egbuka is frozen. How much is too much for Joe Burrow? Time to sell high on Christian Watson? --
Soumaya Keynes joins Ben Yeoh to discuss How to Win a Trade War, co-written with Chad Bown, and what countries should do when economic conflict can no longer be avoided. They explore the weakening of the WTO system, supply-chain vulnerabilities, strategic stockpiles, tariffs, China's economic power and the return of industrial policy. Soumaya also explains why defence should come before attack, what “winning” might mean for a country such as the UK, and why governments may need to tolerate some failures when building strategic industries. The conversation then turns to obesity, gender and income, the wider effects of GLP-1 medicines, writing in the age of AI, and Soumaya's unexpected second career as an economics singer-songwriter.Highlights:Understand what tariffs really doMap vulnerabilities without overreactingRethink industrial policy and strategic resilienceExplore the wider effects of GLP-1 medicinesHear Soumaya's trade-war songTranscript and video: https://www.thendobetter.com/investing/2026/7/14/soumaya-keynes-how-to-win-a-trade-war-tariffs-china-and-industrial-policy
The world I grew up in no longer exists. The decades after World War II were boom times for free trade lovers. During the Pax Americana it seemed that most diplomatic problems could be solved by exporting blue jeans and lowering the cost of consumer goods for everyone. But in 2026 trade is a serious weapon and economic policy seems less a path to prosperity and more a weapon for waging war.On this episode of Angry Planet, Chad P Bown is here to talk about his new book How to Win a Trade War. Bown is a senior fellow at the Peterson Institute for International Economics and co-authored the book with journalist Soumaya Keynes. The book is a brisk walk through a history of economic conflict full of humor and history.The world according to nerd trade economistsIf we must fight, fight this way“It's a China story”Rare earth minerals, magnets, and the weaponization of tradeWhat's the goal of our trade war?The Hormuz of it allThe trade war against China isn't going greatChina's delicate danceTrade war as precursor to kinetic warSome thoughts on robotics and AIBuy How to Win a Trade WarSupport this show http://supporter.acast.com/warcollege. Hosted on Acast. See acast.com/privacy for more information.
Everyone has an opinion on tariffs. Almost nobody understands them. Andy Tanner sits down with Chad Bown, PhD trade economist and author of How to Win a Trade War, to cut through the noise and get to what actually matters for investors — inflation, supply chain dependency, and the one trade war that's been quietly building for years while everyone argued about the other ones. You'll hear why rare earths and permanent magnets brought the American auto industry to the edge of a crisis almost overnight, how China's strategy of one-way dependence is fundamentally different from anything the global trading system was built to handle, and why the tariffs making headlines may be the least important part of the story. Trade is deflationary when it works. The question is what happens when it stops working — and whether your portfolio is ready for the answer.
Economist Soumaya Keynes discusses Trump's tariff policies, how China changed the global economy, and why trade wars require restraint.
In this Money Talks: Emily Peck sits down with Soumaya Keynes and Chad P. Bown, co-authors of How to Win a Trade War, to discuss how recent conflicts have changed the rules of international trade and which strategy they believe is the key to “winning” a modern trade war. Podcast production by Jessamine Molli. Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Emily Peck sits down with Soumaya Keynes and Chad P. Bown, co-authors of How to Win a Trade War, to discuss how recent conflicts have changed the rules of international trade and which strategy they believe is the key to “winning” a modern trade war. Podcast production by Jessamine Molli. Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Emily Peck sits down with Soumaya Keynes and Chad P. Bown, co-authors of How to Win a Trade War, to discuss how recent conflicts have changed the rules of international trade and which strategy they believe is the key to “winning” a modern trade war. Podcast production by Jessamine Molli. Hosted on Acast. See acast.com/privacy for more information.
While the best trade war strategy is to not have a trade war, this seems to no longer be an option. In their new book 'How to Win a Trade War' the goal of Soumaya Keynes and Chad Bown is to “… arm you with the knowledge to fight [because] these battles are going to last for a very long time.” Soumaya and Chad join EconoFact Chats to discuss the effects of the rise of China in the world trading system, the policy approaches taken by the United States, the European Union, and other countries, the role of multinational corporations, the intersection of trade and national security, and the efficacy of defensive policies (like limiting dependence on foreign goods) and offensive strategies (like tariffs). Soumaya Keynes is an economics columnist at the Financial Times and host of The Economics Show with Soumaya Keynes. Chad Bown is a senior fellow at the Peterson Institute for International Economics and served as Chief Economist at the State Department in the Biden administration.
We break down why Canadian and U.S. officials are publicly sparring but privately keeping the relationship on track. Then, we look at SpaceX's blockbuster IPO and what mega-IPOs could mean for markets. Plus, the big picture: the Gordie Howe Bridge opening gets delayed, Koho hits unicorn status, and Ottawa rolls out a major food security plan.The Peak Daily is produced in partnership with reframevid.com
Gordon Chang and Alan Tonelson review the re-imposition of U.S. tariffs on China following a Supreme Court ruling. They discuss specific trade laws, forced labor bans, and the public's perception of trade wars. (11)1936 CAPETOWN
You've probably heard the phrase, "There are no winners in a trade war." But that doesn't mean we don't all have to fight one these days. That's according to Financial Times columnist Soumaya Keynes and former White House economic advisor Chad P. Bown. They join Piya Chattopadhyay to talk about their new guidebook to the new normal of economic battle, How to Win a Trade War, and offer advice to Canada on taking on the world – and Washington – especially as the CUSMA joint review approaches.
Host Piya Chattopadhyay speaks with Kelley Lee, Canada Research Chair in global health governance at Simon Fraser University, about Canada's travel restrictions amid the Ebola outbreak, and what past events can tell us about how and when to use travel measures to mitigate health risksCriminologist Michael Kempa unpacks what recent shoplifting data says about who's stealing and why, and culture critic Rachel Shteir explores the story that shoplifting has told about society over timeEconomists Soumaya Keynes and Chad P. Bown discuss their guidebook to the new normal of economic battle, How to Win a Trade War, and offer advice to Canada about taking on the worldNavigator founder Jaime Watt sheds light on how crisis management works, and how it's changed in today's fast-paced and politically polarized information environment
(3) Josh Rogin discusses the Trump-Xi summit, noting that the President's visit to Beijing featured major CEOs but yielded no new trade agreements. Both nations remain locked in a trade war with mismatched expectations regarding economic cooperation.1900
In a reversal of roles, Nobel prize-winning economist Paul Krugman steps into host Soumaya Keynes shoes to quiz her and co-author Chad Bown about their new book "How to Win a Trade War", and the lessons it contains for surviving a global world order where traditional trade rules are being abandoned. They discuss the fragile domestic politics of a trade war, what the rest of the world can learn from China and reasons to be sort of cheerful about the future of global trade.Further readingNo one wins a trade war. Or do they?Why Europe must embrace tariffsSubscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In this episode, journalist Hannah Lucinda Smith speaks with economists Soumaya Keynes and Chad Bown about our new era of global trade wars. Drawing on their new book How to Win a Trade War, Keynes and Bown shed light on the historical roots of our modern trade infrastructure and how tariffs, export controls and supply chain battles are drastically reshaping the global economy. The conversation examines the increasingly fraught economic relationship between the US and China, the growing use of economic coercion, and what the future holds for the world stage as countries increasingly treat trade as a strategic weapon rather than a cooperative system. Soumaya Keynes is an economist and journalist. She is the co-author of How to Win a Trade War and host of the podcast The Economics Show. Chad Bown is an economist specialising in international trade and economic policy. He served as chief economist at the U.S. Department of State in the Biden administration from January 2024 to January 2025. He is the co-author of How to Win a Trade War. Hannah Lucinda Smith is a journalist and foreign correspondent reporting on global politics and international affairs. --- If you'd like to become a Member and get access to all our full conversations, plus all of our Members-only content, just visit intelligencesquared.com/membership to find out more. For £4.99 per month you'll also receive: - Full-length and ad-free Intelligence Squared episodes, wherever you get your podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series - 15% discount on livestreams and in-person tickets for all Intelligence Squared events ... Or Subscribe on Apple for £4.99: - Full-length and ad-free Intelligence Squared podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series … Already a subscriber? Thank you for supporting our mission to foster honest debate and compelling conversations! Visit intelligencesquared.com to explore all your benefits including ad-free podcasts, exclusive bonus content and early access. … Subscribe to our newsletter here to hear about our latest events, discounts and much more. https://www.intelligencesquared.com/newsletter-signup/ Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices
Copper steps out of the shadow of gold and silver in this wide‑ranging conversation with StoneX's Natalie Scott Gray and SummerHaven's Kurt Nelson. Jeff digs into why “Dr. Copper” sits at the heart of electrification, AI data centers, EVs, and defense, and how underinvestment in mines, fragile supply chains from Chile to the DRC, and China's smelting dominance are setting the stage for structural shortages. Natalie breaks down the real fundamentals: tariffs, sulfuric acid bottlenecks, strategic stockpiling, and the difference between visible and hidden inventories, while Kurt connects it all to macro, inflation, and why investors may be underestimating copper versus the miners. Along the way, they hit on rare earths, environmental trade‑offs, and what rising retail interest in copper bars might signal about the next phase of the metals trade. SEND IT!Chapters:00:00-01:16=Intro01:17–04:58 = Natalie & Kurt: From Chemistry Labs to Copper Markets04:59–14:09 = What Makes “Dr. Copper” Special? Conductivity, AI, EVs & the Grid14:10–26:41 = Inside the Copper Supply Machine: Mines, Smelters & China's Grip26:42–39:34 = Tariffs, Trade Wars & Regional Shortages: How Policy Moves Copper39:35–56:19 = Structural Deficits, Sulfur Shocks & the Coming Copper Crunch56:20–1:03:09 = Investing in Copper: Futures vs. Miners, Inflation & Retail FOMO1:03:10–1:08:43 = Copper Bars, Lab-Grown Diamonds & Restaurant RecsBlog Post: The Hardest Trade Is Holding the Thing That Doesn't Hug You BackPodcast episode: Unlocking the Commodity Risk Premium with Kurt Nelson of SummerHavenFollow along on LinkedIn with Kurt Nelson & Natalie Scott-Gray and be sure to check out summerhavenindex.com and stonex.com for more information!Don't forget to subscribe toThe Derivative, follow us on Twitter at@rcmAlts andsign-up for our blog digest.Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visitwww.rcmalternatives.com/disclaimer
Chad Brown, Senior Fellow at the Peterson Institute, discusses his new book, "How to Win a Trade War" with Bloomberg's Tom Keene and Paul Sweeney. See omnystudio.com/listener for privacy information.
On this episode of the Trade Guys, Bill and Scott welcome Chad Bown (Reginald Jones Senior Fellow, Peterson Institute for International Economics) and Soumaya Keynes (Economics Columnist, Financial Times) to discuss the issues raised in their new book, How to Win a Trade War.
Can a Republican candidate who is against Trump and rejects MAGA politics still win in deep red South Carolina?Marine veteran and congressional candidate Sam Gibbons says yes.In this revealing conversation with Bob Gatty on Lean to the Left, Gibbons explains why he's challenging longtime Congressman Joe Wilson in South Carolina's 2nd Congressional District — and why he believes Donald Trump has “bastardized” the Republican Party.Gibbons discusses:Why he opposes Trump's policies and leadership styleHis strong criticism of war with IranConcerns about Pete Hegseth and military leadershipImmigration, tariffs, and economic chaosOrganizing South Carolina “No Kings” ralliesWhy he believes Republicans have been “sold a lie”The future of the GOP beyond MAGA politicsA Marine veteran, teacher, and conservative who says he values honor, duty, and transparency, Gibbons offers a rare perspective from inside the Republican base in one of America's reddest states.Do you think voters are ready for Republicans who reject Trumpism?
Elon Musk's SpaceX just filed to go public, and OpenAI is expected to file in the fall. Both businesses have been around for over a decade — what was the hold up? In this episode, we explain the tradeoffs that come with an IPO. Plus: U.S. manufacturers struggle with climbing tungsten prices, Stellantis doubles down on affordable car models, and the authors of “How to Win a Trade War” make an optimistic case for our future global economy.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
Elon Musk's SpaceX just filed to go public, and OpenAI is expected to file in the fall. Both businesses have been around for over a decade — what was the hold up? In this episode, we explain the tradeoffs that come with an IPO. Plus: U.S. manufacturers struggle with climbing tungsten prices, Stellantis doubles down on affordable car models, and the authors of “How to Win a Trade War” make an optimistic case for our future global economy.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
“The rules-based system just hasn't worked. China's system is so opaque that you can't see the subsidies. And when you've got China not interested in new rules and the US not interested in a referee, you've got two of the world's biggest actors who aren't on board.” — Soumaya Keynes It would have been nice to get John Maynard Keynes on the show to get his critique of Trump's trade war. But in the long run, we're all dead — even old Maynard. So instead, we found his great-great-niece, Soumaya Keynes — Financial Times columnist and co-author of How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy. Having already appeared on Jon Stewart this week, Soumaya has a bit of Keynesian star quality about her. But she's also a first-rate economist. Her thesis is that the old rules-based trading system that her great-great-uncle helped design after World War II is gone. And it ain't coming back. China's subsidies are so opaque that rules can't be written to constrain them, let alone enforced. The US is no longer willing to submit to a referee. Without the two biggest players, no rules-based system is meaningful. So — now what? Keynes says we must think like a trade warrior. Donald Trump should leverage the tools available — but use them strategically. Trump's error in his second term was not being tough on China while being too tough on everyone else, especially allies like Canada and Mexico. Soumaya Keynes' most contemporary idea might be her most Keynesian one. John Maynard Keynes proposed penalties for countries running large trade surpluses as well as those running deficits — recognising that global imbalances are a two-sided problem. That idea didn't make it into the 1944 Bretton Woods agreement. Eighty years later, in equally anxious economic times, his optimistic great-great-niece is reviving it. Five Takeaways • Can Trade Wars Be Won? Yes, Sometimes: The conventional wisdom: no one wins a trade war. Keynes and Bown agree — in theory. In practice, countries in a weaker position cave. History has examples: France in the late nineteenth century told its trading partners they were renegotiating treaties, and the smaller partners complied. Trump's tariffs in his first term produced concessions. The problem is not that trade wars can't be won. It's that the smaller power's only defence — coordinating with other smaller powers — is extremely hard to sustain. There's always an incentive to cut a deal first. • China Is the Doper on the Sports Field: Keynes's sharpest analogy: the global trading system is like a sports game that needs rules to ensure a level playing field. China's subsidies — cheap credit, corporate handouts, opaque support for state-linked companies — are the equivalent of performance-enhancing drugs. The problem is that unlike doping in sport, China's subsidies are invisible. You can write a rule saying China won't give these handouts. But you can't verify compliance. And without enforcement, rules are meaningless. The WTO has not solved this. Nothing has solved this. • Trump Was Right About China, Wrong About Everything Else: Keynes is careful here. She credits Robert Lighthizer in Trump's first term with identifying China as the real problem and building a focused strategy. In the second term, Trump put tariffs on everyone simultaneously — which dissipated leverage, alienated the coalition of allies needed to pressure Beijing, and mixed up the problem of China's subsidies with grievances against Canada, Mexico, and the EU. If you were genuinely tough on China, you wouldn't have put tariffs on everyone. You would have been more targeted. • The Rules-Based System Is Gone and Isn't Coming Back: Why can't we return to the system Keynes's great-great-uncle helped build? Two reasons. China's subsidies are too opaque to write enforceable rules against. And the US has lost confidence in any international referee — a long and complex story, but the result is that America won't submit to neutral adjudication. Without the two biggest players, no rules-based system is meaningful. Yearning for the old approach is not an option. A new strategy is needed — and that's what the book is about. • AI and the Next Trade War: Services: AI is central to the US-China conflict already — chip restrictions, military advantage, economic supremacy. But Keynes's less-noticed observation: AI could fundamentally reshape international services trade. The UK, for example, is a massive services exporter — finance, legal, consulting, accounting. If AI eliminates demand for those services, the UK faces a new current account crisis, new trade tensions, a new wave of economic conflict. Nobody knows how this plays out. Which is why, she suggests, the tools in the book will remain relevant for longer than the current tariff cycle. About the Guests Soumaya Keynes is an economics columnist at the Financial Times and host of The Economics Show with Soumaya Keynes. Before joining the FT she spent eight years at The Economist. She co-founded the Trade Talks podcast with Chad Bown during Trump's first term. Chad P. Bown is the Reginald Jones Senior Fellow at the Peterson Institute for International Economics and former Chief Economist at the US State Department under President Biden. Together they are the authors of How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy (Simon & Schuster, May 26, 2026). References: • How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy by Soumaya Keynes and Chad P. Bown (Simon & Schuster, May 26, 2026). • Soumaya Keynes on The Daily Show with Jon Stewart, May 19, 2026 — referenced in the interview. • Episode 2892: Jason Pack on the Iran war — the companion episode on America's strategic distractions from the China problem. About Keen On America Nobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,900 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting. WebsiteSubstackYouT...
After marathon five-hour talks, representatives from the EU Parliament and the EU Council agreed on Wednesday to go ahead and ratify the trade pact found with the US in July 2025. US President Donald Trump had threatened to increase tariffs on EU autos to 25 percent if the deal wasn't implemented by July 4. Also in this edition, talks between Samsung and its workers went down to the wire ahead of a scheduled 18-day strike on Thursday.
President Trump's high-stakes summit with Xi Jinping is igniting backlash after jaw-dropping comments praising China while behind the scenes the White House treated Beijing like a full-scale espionage threat. Tara and Lee break down the billion-dollar trade promises, the secret burner phone protocols, fears of Chinese surveillance, and the growing questions over whether Trump is strategically negotiating — or dangerously trusting America's biggest adversary. SHORT CLICKABLE TITLE Trump's China Comments STUN America EPISODE SUMMARY President Trump returned from Beijing touting “fantastic trade deals” and claiming China will invest hundreds of billions into American companies. But while the public heard glowing praise for Xi Jinping and Chinese investment, behind the scenes the Trump team reportedly operated under extreme security protocols — ditching phones, destroying materials handed out by Chinese officials, and sweeping Air Force One for potential surveillance threats. Tara and Lee analyze the contrast between Trump's public comments and the private actions of his administration, questioning whether the president is strategically flattering China to secure economic concessions or risking political fallout at home. The episode explores concerns over Chinese farmland purchases near U.S. military bases, allegations of Chinese cyber interference in American elections, and growing fears about Beijing's role in arming Iran and targeting U.S. forces. The discussion also dives into the business angle of the summit, including Boeing's renewed aircraft deal with China, American energy exports, and the broader geopolitical chess match involving Iran, Russia, and global oil markets. Plus, the hosts examine how media, Democrats, and Trump supporters are reacting to the president's controversial rhetoric. KEY TOPICS Trump-Xi Jinping summit China trade negotiations Boeing-China aircraft deal Chinese espionage concerns Air Force One security protocols Chinese farmland near military bases Iran-China alliance Chinese cyber threats Trump foreign policy strategy U.S.-China economic tensions SEO KEYWORDS Trump China summit, Xi Jinping meeting, Trump Xi interview, China trade deal, Boeing China deal, Chinese espionage, Air Force One security, Chinese farmland controversy, Trump Iran strategy, China Iran alliance, Trump Sean Hannity interview, China hacking allegations, U.S. China relations, geopolitical podcast, Trump foreign policy THUMBNAIL TEXT TRUMP PRAISES CHINA?! WHAT'S REALLY HAPPENING? SOCIAL MEDIA POST
After a hot CPI, investors expect more of the same from PPI today. Rate hike odds and yields rose with oil early this week, while Cisco reports later and Trump visits China. Important Disclosures This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The {securities, investment products and investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions. For illustrative purpose(s) only. Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment. Supporting documentation for any claims or statistical information is available upon request. Past performance is no guarantee of future results. Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please seeschwab.com/indexdefinitions. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intended. Please read more about risks of trading cryptocurrency futures here. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Schwab does not recommend the use of technical analysis as a sole means of investment research. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Google Podcasts and the Google Podcasts logo are trademarks of Google LLC. Spotify and the Spotify logo are registered trademarks of Spotify AB. (0130-0426) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
President Donald Trump has tried to pressure foreign countries to invest in the U.S. by threatening tariffs. But for decades, the federal government has also been putting on the SelectUSA Investment Summit, a giant trade show where states and businesses try to attract foreign investors. We have a dispatch from this year's Investment Summit. Plus, some of Trump's latest tariffs have been deemed illegal. And: a better-than-expected jobs report and some slower-than-expected World Cup hotel bookings.
President Donald Trump has tried to pressure foreign countries to invest in the U.S. by threatening tariffs. But for decades, the federal government has also been putting on the SelectUSA Investment Summit, a giant trade show where states and businesses try to attract foreign investors. We have a dispatch from this year's Investment Summit. Plus, some of Trump's latest tariffs have been deemed illegal. And: a better-than-expected jobs report and some slower-than-expected World Cup hotel bookings.
In this episode of Tank Talks, host Matt Cohen sits down with Jon Love, founder and executive chair of KingSett Capital, one of Canada's largest and most experienced private equity real estate platforms. A seasoned investor who has navigated multiple market cycles, Jon is known for his frank, unfiltered takes on Canadian policy, regulation, and capital deployment, and this conversation is no different.Jon shares his honest assessment of the federal government's newly announced $25 billion Canada Strong sovereign wealth fund, the push to fast-track major resource projects, and what's really holding Canada back: not a shortage of capital, but a shortage of permission. He also breaks down where the real estate market stands today across office, retail, industrial, and residential, and why he believes a sharp recovery is coming for those with the balance sheet to wait it out.Whether you're a developer, investor, policy watcher, or simply trying to understand what's actually happening in the Canadian economy, Jon Love delivers the kind of straight talk that cuts through the noise.Canada's $25 Billion Sovereign Wealth Fund: Progress or Déjà Vu? (02:48)* Jon's honest take on the Canada Strong fund and what's still missing* Why the real barrier to investment isn't capital, it's permission* Lessons from the Heritage Fund and what discipline looks like in practiceResource Fast-Tracking and the Major Projects Office (08:36)* The bull and bear case for Tim Hodgson's promise of 5–10 shovel-ready projects by spring 2027* What regulatory bottlenecks remain under the Carney government* Why Shell's takeover of Arc Resources signals renewed confidence and what still needs to happen nextInstitutional Capital Coming Home (14:50)* What's different about this wave of pension fund repatriation* OMERS, the Maple Eight, and why Canadian real estate returns are among the best in the world* The case for Canada as a technology superpower and why Jon is more optimistic than mostThe Real Estate Cycle: Where We Are and What's Coming (20:25)* Triple-A office as the surprise strongest asset class in the country* Why for-sale residential is in pain and why a sharp recovery is inevitable* How banks are behaving with stressed borrowers, and the Oxford story from 1992 that defined a strategyCreative Repurposing, Affordable Housing, and the HST Rebate (30:44)* Office-to-hotel conversions in Toronto and why adaptive reuse is just getting started* Why streamlining affordable housing approvals matters more than new funding programs* The HST rebate: right medicine, but the prescription still isn't writtenMedia, Trade Wars, and What Jon Would Tell Carney (33:24)* Why the Port of Vancouver's seven-day container turnaround vs. Dubai's seven hours is a symbol of a much bigger problem* How media fragmentation and social media have made constructive policy debate nearly impossible* The one frank piece of advice Jon would give Prime Minister Carney if he had 15 minutes: give permissionAbout Jon LoveJon Love is the founder and executive chair of KingSett Capital, one of Canada's leading private equity real estate platforms. With decades of experience across multiple market cycles, Jon has built a reputation for candid, principle‑driven commentary on Canadian policy, regulation, and investment. He is a former CEO of Oxford Properties and has been a key figure in shaping Canada's institutional real estate landscape. Beyond investing, Jon is known for mentoring young talent, championing affordable housing, and relentlessly advocating for cutting red tape.Connect with Jon Love on LinkedIn: https://www.linkedin.com/in/jonlovekingsett?originalSubdomain=caVisit KingSett Capital website: https://www.kingsettcapital.com/Connect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com
Après avoir déclenché une guerre commerciale mondiale, Donald Trump a annoncé une suspension pendant 90 jours des taxes à l'importation contre l'Union européenne. Bruxelles a aligné sa propre riposte sur cette pause, tout en restant vigilant face aux incertitudes persistantes.Traduction: After triggering a global trade war, Donald Trump announced a 90-day suspension of import tariffs against the European Union. Brussels mirrored the pause with its own retaliatory measures, while remaining cautious amid ongoing uncertainty. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.
H3: “Tax Day, Trade Wars & the China Shadow Game” full 1697 Wed, 15 Apr 2026 14:10:00 +0000 oFQsZuAY0eCoYWgPc6GuxSFc0Mqar9ih news The Tara Show news H3: “Tax Day, Trade Wars & the China Shadow Game” Tara presides over the Upstate's #1 all news/talk morning show every weekday on News/Talk 989 WORD.Tara's faithful listeners are affectionately known as "Tara-ists" because of their passion and participation in the show. Tara was named 2021 Best News Talk Show and Best overall Personality, AGAIN, by the South Carolina Broadcasters Association! Tara took home the same honors in 2018 and was also named 2016 "Personality of the Year!" In addition, Tara has also won over two dozen state and national journalism awards for column writing, news reporting and investigative reporting while working for three newspapers and writing for a variety of national publications. She won a first place reporting award from the North Carolina Press Association for an investigative series about the weaknesses in Charlotte's overburdened court system, which regularly let murderers off the hook with less than 15 years in prison. Due to her work, that system has been reformed. Tara is also a winner of the prestigious first place Green Eyeshade Award, a national award for column writing from The Society of Professional Journalists. Tara took to the airwaves about 15 years ago to do a radio show heard up and down the coast and fell in love with bypassing her editors to talk straight to the people. Tara hasn't stopped reporting, and still brings her investigative journalism to the show. Tara is a mom, wife and talk radio convert-- and weekday mornings she's live and local on News/Talk 989 WORD. Are you a "Tara-ist"? It's time to get captured! 2024 © 2021 Audacy, Inc. News False https://player.amperwavepodcasting.com?
We waste $165B in time and money on The Annoyance Economy… and Surcharges are Surging.Amazon is the biggest car dealer in America… but it doesn't sell cars, it sells access.Sotheby's auction house should have a Picasso-worthy business… so why is it low on cash?Plus, want to understand the Straight of Hormuz, Trade War, & Economy?... Look at the humble tomato.$AMZN $F $GMBuy tickets to The IPO Tour (our In-Person Offering) TODAYLos Angeles, CA (6/3): SOLD OUTGet your TBOY Yeti Doll gift here: https://tboypod.com/shop/product/economic-support-yeti-doll NEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.
Introduction Welcome back to Impact Theory with Tom Bilyeu! In this episode, Tom dives into an action-packed rundown of global events and economic shifts that could make or break the future. We're starting off with breaking news: an American F15 Strike Eagle has been shot down over Iran, with its crew missing and a tense rescue mission underway—raising questions about U.S. air supremacy and the broader geopolitical stakes. We'll examine President Trump's latest announcements on tariffs, his controversial strategies in Iran, and how U.S. foreign policy is impacting global alliances—particularly as China weaponizes shipping lanes and the EU looks to sidestep American involvement in opening the Strait of Hormuz. You'll hear sharp commentary on California's spiraling fraud crisis, the risks and benefits of America's push toward isolationism, and the looming threats to crypto and the pharmaceutical supply chain—highlighted by warnings of the quantum computing revolution. We also unpack the escalating trade standoff with China around the Panama Canal, the philosophical battle between globalism and economic nationalism, and what it all means for the American middle class. Plus, listener questions, hot takes on innovation and regulation, and a dose of Friday funnies to round out a wild week. Strap in—this episode covers everything you need to know about the shifting tides of power, prosperity, and the future of entrepreneurship. Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactQuince: Free shipping and 365-day returns at https://quince.com/impactpodKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderSumm: code TOMVIP20 for 20% off your first year at https://summ.com?via=tombilyeu&coupon=TOMVIP20Duck.Ai: Protect your privacy at https://duck.ai/impactBlinkist: Start your free trial at https://blinkist.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices
Introduction Welcome back to Impact Theory with Tom Bilyeu! In this episode, Tom dives into an action-packed rundown of global events and economic shifts that could make or break the future. We're starting off with breaking news: an American F15 Strike Eagle has been shot down over Iran, with its crew missing and a tense rescue mission underway—raising questions about U.S. air supremacy and the broader geopolitical stakes. We'll examine President Trump's latest announcements on tariffs, his controversial strategies in Iran, and how U.S. foreign policy is impacting global alliances—particularly as China weaponizes shipping lanes and the EU looks to sidestep American involvement in opening the Strait of Hormuz. You'll hear sharp commentary on California's spiraling fraud crisis, the risks and benefits of America's push toward isolationism, and the looming threats to crypto and the pharmaceutical supply chain—highlighted by warnings of the quantum computing revolution. We also unpack the escalating trade standoff with China around the Panama Canal, the philosophical battle between globalism and economic nationalism, and what it all means for the American middle class. Plus, listener questions, hot takes on innovation and regulation, and a dose of Friday funnies to round out a wild week. Strap in—this episode covers everything you need to know about the shifting tides of power, prosperity, and the future of entrepreneurship. Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactQuince: Free shipping and 365-day returns at https://quince.com/impactpodKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderSumm: code TOMVIP20 for 20% off your first year at https://summ.com?via=tombilyeu&coupon=TOMVIP20Duck.Ai: Protect your privacy at https://duck.ai/impactBlinkist: Start your free trial at https://blinkist.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Think the latest global headlines are just random political chaos? Trade wars. Global Tariffs. The Panama Canal squeeze. Buying Greenland. The escalating military tensions in Iran and Venezuela. The mainstream media covers these as isolated incidents, erratic moves, or standard foreign policy friction. But are they deliberately hiding the bigger picture? Welcome to the New Cold War. And the key battlefield isn't nuclear or ideological. In this explosive episode, we are peeling back the curtain on the trillion-dollar shadow war happening right under our noses. We connect the dots that no one else is pointing out to reveal the story behind the story. If you want to understand who will actually control the future of the global economy, you can't afford to miss this. In this episode, we expose: The Greenland Deception The Venezuela & Iran Paradox The Panama Canal Chokepoint: How stealth trade wars are being fought by controlling the literal gates of global commerce. Trump's Tariffs and Trade Wars Stop reading the headlines and start reading the map. Tune in now to find out who is really pulling the strings of the global economy. Shopify: Launch your dream business with Shopify. Sign up for your $1/month trial at https://Shopify.com/Jillian and start selling today! 120Life: Go to https://120Life.com and use code JILLIAN to save 20% Click Here to Download My App! https://www.jillianmichaels.com/join Facebook: https://www.facebook.com/jillianmichaels/ Instagram: https://www.instagram.com/jillianmichaels/ X: https://x.com/JillianMichaels/ Welcome to the "Keeping It Real" podcast – where authenticity meets impactful storytelling. Hosted by Jillian, this podcast dives into the stories, ideas, and truths that shape our world. Featuring top journalists, newsmakers, thought leaders, and everyday heroes, we explore breaking news, global events, and the personal journeys that inspire and challenge us. From controversial current events and transformative ideas to health, wellness, and self-discovery, no topic is off-limits. With honest dialogue and fresh perspectives, "Keeping It Real" is your go-to space for staying informed, inspired, and engaged. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Supreme Court just tossed a Reverse Uno Card on Trump's tariffs… Trade War over?Nestle is selling off its $1B ice cream biz… because everyone loves ice cream, except CFOs.What's that mystery brand everyone wore at the Olympics?... It's ACG, and it's actually Nike.Plus, rivals Sam Altman and Dario Amodei refuse to hold hands… so we found the 1st handshake in history: 900 BC$NKE $NSRGY $SPY Buy tickets to The IPO Tour (our In-Person Offering) TODAYAustin, TX (2/25): SOLD OUTArlington, VA (3/11): https://www.arlingtondrafthouse.com/shows/341317 New York, NY (4/8): https://www.ticketmaster.com/event/0000637AE43ED0C2Los Angeles, CA (6/3): SOLD OUTGet your TBOY Yeti Doll gift here: https://tboypod.com/shop/product/economic-support-yeti-doll NEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.