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Eating crickets and meat grown in a lab with cancer-like cells - WHO APPROVED THAT?! Scott Tips, president of the National Health Federation (NHF) and internationally recognized health freedom attorney, joins host, Jamie Belz, to help us understand the deeper mechanisms of Codex Alimentarius, the World Trade Organization (WTO), and the global regulatory web that threatens access to nutrient-dense food, natural health remedies, and therapeutic supplements. As the only health-freedom organization with official INGO (International Non-Governmental Organization) status at Codex, NHF is uniquely positioned to stand up for the public's right to safe, informed, and autonomous healthcare choices on the global stage. Over the last 70 years, NHF has defended medical choice and challenged the federal government's overreach into nutrition, supplementation, and holistic healing. Some quick topics/snippets from this episode: Codex creates international food law—affecting everything from vitamin dosage limits to whether or not your meat contains drug residues. Most people don't even know Codex exists. And yet, decisions made there determine what shows up in your grocery cart, your supplement bottle, and your child's plate. The U.S. can now force genetically modified foods into countries that don't want them — not through diplomacy, but through international tribunals using Codex standards as their weapon. Ractopamine is a drug with zero therapeutic value. It makes animals fatter, faster — but it's banned in the EU, China, and Russia. In the U.S., you're probably eating it. When you hear ‘scientific consensus,' be cautious. The phrase is used to bulldoze public concern. You can be banned for calling out corruption at Codex. At CODEX, NHF is the only one defending your right to natural health freedom. The EU, Russia, even Iran — they've stood up for consumer safety at Codex more than the U.S. delegates have. The scary thing isn't just what the FDA is doing. It's how many people still trust them, blindly — even when their actions have harmed more people than every U.S. war combined. We need advocacy from the ground up. Most parents feeding their kids toxic food don't even know it — because the truth has been buried. “Frankenmeat”, insect protein, and natural flavoring cover-ups, all of which bypass transparent labeling laws while being quietly introduced into the food supply. They're trying to outlaw homeopathy—while promoting lab-grown meat and insect protein as sustainable alternatives. We don't want to be right. We want to get it right. “Unless we put medical freedom into the Constitution, the time will come when medicine will organize into an undercover dictatorship… To restrict the art of healing to one class of men and deny equal privileges to others will constitute the Bastille of medical science. All such laws are un-American and despotic.” - Dr. Benjamin Rush, Declaration of Independence signator and Surgeon General of the Continental Army "If people let the government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as the souls of those who live under tyranny.” - Thomas Jefferson TAKE ACTION: Join the National Health Federation for only $45/year to support international advocacy at Codex and receive the quarterly NHF magazine. This low-cost membership helps fund independent watchdog efforts that no other organization is legally authorized to perform at the global level. JOIN HERE Other mentions: Ep 034: Fight For Your Right To Health Freedom The HighWire report exposing Peter Marks and vaccine data suppression Health freedom is necessary. As government and corporate interests grow more entangled, grassroots advocacy is no longer optional. It's essential. Join the NHF and become part of the movement to reclaim sovereignty over what we eat, how we heal, and what we're allowed to know.
記者会見で握手する世界貿易機関のオコンジョイウェアラ事務局長と岩屋毅外相、13日午後、東京都港区岩屋毅外相は13日、世界貿易機関のオコンジョイウェアラ事務局長と東京都内の外務省飯倉公館で会談した。 The Japanese government and the World Trade Organization on Tuesday reaffirmed their determination to work closely together to strengthen the WTO-led free and open multilateral trade regime.
The Japanese government and the World Trade Organization on Tuesday reaffirmed their determination to work closely together to strengthen the WTO-led free and open multilateral trade regime.
Today marks 75 years since the Schuman Declaration. What started first and foremost as a peace project has developed into a European Union with a single market, an official currency for 20 EU countries and freedom of movement. However, at the age of 75, the European project is being attacked from the outside by a war right at its border and an American President questioning the decades long Trans-Atlantic relationship, but also faces challenges from within. To mark Europe Day, host Catarina Vila Nova sat down with Arancha González Laya, Dean of the Paris School of International Affairs at Sciences Po. González has previously held positions in the European Commission, United Nations, World Trade Organization and served as Minister of Foreign Affairs, European Union and Cooperation of Spain. Sustainability, competitiveness and security are, according to González, the three biggest challenges facing the EU and countries can't afford to ignore any of them. There is space for disagreement, she adds, but that must be done within the rules of the game. If you want to comment on this episode you can send us an e-mail: press@friendsofeurope.org
Today's West Coast Cookbook & Speakeasy Podcast for our especially special Daily Special, Metro Shrimp & Grits Thursdays is now available on the Spreaker Player!Starting off in the Bistro Cafe, MAGA Republican Jefferson Griffin's long effort to steal the North Carolina Supreme Court race has finally failed.Then, on the rest of the menu, more older Americans worry Social Security won't be there for them after the massive Trump/Musk sabotage of the agency; GOP centrists revolt against steep cuts to Medicaid and other programs in Trump's tax breaks bill; and, the guy who granted Trump ‘absolute immunity,' now says judicial independence is key to checking Congress and the president.After the break, we move to the Chef's Table where Denmark says it will summon the top US diplomat in the country for an explanation about intelligence gathering on Greenland; and, the EU published a US product hit list as it prepares for World Trade Organization action against Trump's tariffs.All that and more, on West Coast Cookbook & Speakeasy with Chef de Cuisine Justice Putnam.Bon Appétit!The Netroots Radio Live PlayerKeep Your Resistance Radio Beaming 24/7/365!“Everyone in this good city enjoys the full right to pursue his own inclinations in all reasonable and, unreasonable ways.” -- The Daily Picayune, New Orleans, March 5, 1851Become a supporter of this podcast: https://www.spreaker.com/podcast/west-coast-cookbook-speakeasy--2802999/support.
This week on CounterSpin: The website of the Kairos Democracy Project has a quote from John Lewis, reminding us, “Democracy is not a state. It is an act.” Our guest Tanya Clay House is board chair at Kairos and a longtime advocate for the multiracial democracy that the Trump White House seeks to denounce and derail — in part by erasing the history of Black people in this country. As part of that, she's part of an ongoing project called Freedom to Learn and its present campaign, called #HandsOffOurHistory. Corporate news media evince lofty principles about the First Amendment, but when people actually use it, the response is more telling. When USA Today covered activism in Seattle around the WTO, it reported that, “Little noticed by the public, the upcoming World Trade Organization summit has energized protesters around the world.” You see how that works: If you're the little-noticing “public,” you're cool; but if you band together with other people and speak out, well, now you're a “protester,” and that's different — and marginal. Whatever they say in their Martin Luther King Day editorials, elite media's day-to-day message is, “Normal people don't protest.” In 2025, there's an ominous addendum: “Or else.” We hear from Danaka Katovich, co-director of the feminist grassroots anti-war organization CODEPINK, currently, but not for the first time, at the sharp end of state efforts to silence activists and activism. The post Tanya Clay House on Freedom to Learn / Danaka Katovich on Attacks on Activists appeared first on KPFA.
Our guest is one of France's most prominent commentators on European affairs and global trade issues. Pascal Lamy is coordinator of the Jacques Delors Institutes - named after the visionary of European integration whom Lamy worked with closely in the 1980s and 1990s. Lamy was EU trade commissioner in the early 2000s, and he served two terms as director-general of the World Trade Organization from 2005 to 2013. He is also vice-president of the Paris Peace Forum and has numerous books to his name about Europe, geopolitics, geoeconomics and global governance.
Isabelle is the Head of the Startup Battlefield Program at TechCrunch, where she leads the sourcing and selection of 200 game-changing, early-stage companies each year to showcase at TechCrunch Disrupt. Before this, she managed a global startup accelerator, helping hundreds of startups from countries like Japan, South Korea, Italy, and Spain expand to the U.S. Isabelle is passionate about supporting women founders and was recognized by the World Trade Organization for launching an accelerator program that brought women entrepreneurs from Spain to the U.S., winning the International Prize for Gender Equality in Trade. In this episode, you'll hear about: Behind the scenes with Isabelle Johannessen, head of TechCrunch Startup Battlefield, exploring the selection of 200 innovative startups for TechCrunch Disrupt. Insights into the rigorous selection process and the global reach of the program, emphasizing diversity with nearly 50% international founders. The evolution of Startup Battlefield from Battlefield 20 to featuring 200 startups, showcasing groundbreaking innovations. The importance of perfecting pitch presentations, leveraging AI, and engaging with top-tier VC judges. Tips for startup applications, focusing on progress towards KPIs, realistic business models, and market readiness. Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Linkedin - https://www.linkedin.com/in/isabelle-johannessen/ Website - https://techcrunch.com/apply Alcorn Immigration Law: Subscribe to the monthly Alcorn newsletter Sophie Alcorn Podcast: Episode 16: E-2 Visa for Founders and Employees Episode 19: Australian Visas Including E-3 Episode 20: TN Visas and Status for Canadian and Mexican Citizens Immigration Options for Talent, Investors, and Founders Immigration Law for Tech Startups eBook
This episode of the China Global podcast discusses evolving disputes between China and South Korea, specifically regarding their unresolved maritime boundary in the Yellow Sea. There is a long history of fishing disputes between the two countries in the Provisional Measures Zone (or PMZ) of the Yellow Sea, which is where their exclusive economic zones overlap. Although China and South Korea have engaged in negotiations over the years, they have yet to come to an agreement on their boundaries in the Yellow Sea.Taking advantage of the persisting disagreement on delimitation of maritime borders, China has employed gray zone tactics in the Yellow Sea to expand its territorial presence in the region. In the most recent dispute, China installed a new steel structure in the PMZ, causing a maritime standoff between Chinese and Korean coast guards.To discuss recent developments in the Yellow Sea and China's broader gray zone tactics in the maritime realm, host Bonnie Glaser is joined by Ray Powell, the Director of SeaLight, a maritime transparency project at Stanford University's Gordian Knot Center for National Security Innovation. Ray is also the co-host of the Why Should We Care About the Indo-Pacific podcast, and a 35-year veteran of the US Air Force. Timestamps[00:00] Start[01:43] Strategic Significance of the Yellow Sea[03:12] Expanding Chinese Control in the Region[04:08] Chinese Maritime Installations [05:20] Are these installations found in other regions?[06:00] Gray Zone Tactics in the South China Sea [08:20] Maritime Militia Activity in the Yellow Sea[09:02] 2001 Korea-China Fisheries Agreement[10:34] Testing the Waters with South Korea[12:09] Navigating South Korean Policy Dilemmas[13:48] Rehabilitating China's Imagine in Korea[15:14] Environmental Issues in Disputed Waters[17:18] Countering Chinese Activities in the Yellow Sea[19:40] SeaLight Tracking and Deciphering Chinese Actions
Week of 4/17/2025 | Episode 9/12 - Listen on Spotify -Listen on Apple -
Week of 4/17/2025 | Episode 10/12 - Listen on Spotify -Listen on Apple -
Week of 4/17/2025 | Episode 11/12 - Listen on Spotify -Listen on Apple -
Week of 4/17/2025 | Episode 12/12 - Listen on Spotify -Listen on Apple -
In this episode of Two Lawyers Walk Into A Bar, Lee Bergstein sits down with Pradnya Desh, attorney and the CEO of Advocat AI. Pradnya and Advocat AI are making waves in the legal industry by utilizing AI to transform how businesses tackle the contract cycle.During the course of the conversation, Pradnya shares her journey from serving as U.S. Diplomat at the World Trade Organization and the UN Committee on Trade and Development in Geneva, to transitioning into private practice focusing on international trade, to founding and running Advocat AI. Beyond that, she is a Vice Chairperson on the Board of Trustees at Bellevue College and has served as an adjunct professor of business law at Seattle University.You can learn more about Advocat AI at https://www.advocat.ai/. And for more from Bergstein Flynn Knowlton & Pollina, check out our website at https://www.bfkplaw.com/. Hosted on Acast. See acast.com/privacy for more information.
It's time for The Indicator Quiz! We test you, dear listener, on your knowledge of topics that we've covered on The Indicator.Today's quiz show involves a DJ from Vancouver, Washington that tests his economic education on the World Trade Organization, the Panama Canal, and of course, Bad Bunny. Play along with us and see how you do!Are you interested in being a contestant on our next Indicator Quiz? Email us your name and phone number at indicator@npr.org and put "Indicator Quiz" in the subject line.Related episodes:WWE, a very expensive banana, and a quiz contestant (Apple / Spotify)For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
When China joined the World Trade Organization at the start of this century, its surging exports rattled US manufacturing. Prices fell, jobs became less lucrative, and communities that relied on these jobs were hit hard. President Donald Trump seems determined to bring those jobs back to the US. Is that realistic or even desirable? The FT's chief economics commentator Martin Wolf speaks to MIT economics professor David Autor about the "China shock" and the (potentially more significant) AI challenge that lies ahead.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Founder and CEO of APAC Advisors Steve Okun joins Jim and Ray to talk about the suddenly raging trade war between the U.S. and China and what kind of impact it may have on the global trading system.Steve observes that international investment is largely frozen due to the uncertainty about what the U.S. goals are, which tariffs are temporary versus permanent, and whether the U.S. and China can come to a negotiated settlement.Steve also explains that while China has certainly exploited its advantage in manufacturing, the U.S. has long enjoyed its own advantage in the services sectors–such as entertainment, finance, health, and tourism. He says these U.S. industries may suffer under a more restrictive trade environment.The discussion also turns to international organizations and groupings like the World Trade Organization, Asia-Pacific Economic Cooperation, and the Association of Southeast Asian Nations (ASEAN), and whether they are losing influence in the global system as the big powers go their own way. Steve then speculates how U.S-China trade talks may proceed - and what cards Donald Trump and Xi Jinping believe they still have to play. Regardless, he expects continued volatility to continue as a new normal moving forward.Follow Steve Okun on his very popular LinkedIn profile, or at his consultancy, APAC Advisors.Follow us on X, @IndoPacPodcast; or on LinkedIn or BlueSky at our show title, Why Should We Care About the Indo-Pacific?Follow Ray Powell on X (@GordianKnotRay) or on LinkedIn.Follow Jim Carouso on LinkedIn.Our podcast is produced by Ian Ellis-Jones and IEJ Media (on X @ianellisjones or LinkedIn).This podcast is sponsored by BowerGroupAsia, a strategic advisory firm that specializes in the Indo-Pacific.
Week of 04/17/2025 | Episode 8/12 - Listen on Spotify -Listen on Apple -
What if everything you thought about China's entry into global trade was wrong? This fiery segment breaks down the real reason China was allowed into the World Trade Organization — not for cheap goods, but as a failed national security strategy. From espionage and stolen patents to bribery and political blackmail, hear how China exploited America's generosity, compromised key institutions, and threatened national security — all while U.S. leaders looked the other way. Featuring insights from former Director of National Intelligence John Ratcliffe, this is a wake-up call to the scale of China's influence and the politicians who may be owned by it.
Rich talks with Rep. Tom Tiffany (R-WI), who has introduced a bill to pull the United States out of the World Trade Organization. Later, a federal judge says he's found probable cause to hold the Trump administration in contempt of court, while California Gov. Gavin Newsom has filed suit against President Trump over tariffs. We discuss those items, and other legal matters with John O'Connor, former assistant U.S. Attorney in North Carolina. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Week of 04/17/2025 | Episode 7/12 - Listen on Spotify -Listen on Apple -
Week of 04/16/2025 | Episode 5/12 - Listen on Spotify -Listen on Apple -
Week of 04/16/2025 | Episode 6/12 - Listen on Spotify -Listen on Apple -
A Maryland Senator visits El Salvador to search for answers in the Abrego Garcia case, The World Trade Organization says Trump tariffs will shrink global trade by 0.2% this year, Hong Kong halts US mail service over tariff “bullying,” Volodymyr Zelenskyy rules out ceding occupied territories to Russia, France and Algeria expel diplomats in an escalating crisis, Peru's ex-president and the president's wife are sentenced to 15 years in prison, Donald Trump orders US military control of border land near Mexico, UK inflation drops to 2.6% as fuel prices fall, The CDC reports that the U.S. autism rate has risen to 1 in 31 children, and a report alleges that Australian politicians received sports tickets to influence a gambling ban. Sources: www.verity.news
Joining Pam for this week's episode is Stanford Law Professor Alan Sykes, a leading expert on the application of economics to legal problems whose most recent scholarship is focused on international economic relations. In short, he is an international trade and law expert—and the right person to help us understand today's chaos. The discussion covers the credibility of the United States in international trade negotiations, the feasibility of renegotiating trade deals with multiple countries within a short timeframe, and the unconventional methods employed by the Trump administration. Sykes also highlights the importance of previously negotiated deals and the World Trade Organization—and how the Trump administration has sidelined the organization. This episode offers a comprehensive look at the legal and economic dimensions of Trump's tariffs, making it a must-listen for anyone interested in understanding the complexities of modern trade policies.Links:Alan O. Sykes >>> Stanford Law pageThe Law and Economics of International Trade Agreements >>> Stanford Law pageConnect:Episode Transcripts >>> Stanford Legal Podcast WebsiteStanford Legal Podcast >>> LinkedIn PageRich Ford >>> Twitter/XPam Karlan >>> Stanford Law School PageStanford Law School >>> Twitter/XStanford Lawyer Magazine >>> Twitter/X (00:00:00) Introduction and Overview of Trump's Tariffs(00:04:05) Impact on Imported Goods and Consumers(00:04:34) Exemptions and Intermediate Goods(00:05:14) Historical Context of U.S. Tariffs(00:24:38) Credibility of the United States and the 90-Day Pause
Jürgen von Hagen leads a discussion on tariffs, trade, and global economics. NOTE: This episode is best listened to with THESE GRAPHS pulled up on your device.Also discussed: Trump's tariff strategy, the Russian threat, trusting God with our lives, trade deficits, manufacturing vs. service economy, savings-investment gap, Apple Computer, F-35 jets and their software, foreign debt, debt crisis, World Trade Organization, GATT, US responsibility for keeping peace. "Democracy is not good at financial discipline. Politicians like to spend money, and they don't think about how it will be financied." - von Hagen"Economic history tells us that taxing foreigners never works." - von HagenPLEASE NOTE: We will update information on the Warhorn Media podcast page (here) for the live Zoom meeting mentioned in the podcast. Stay tuned!***Out of Our Minds Podcast: Pastors Who Say What They Think. For the love of Christ and His Church.Out of Our Minds is a production of New Geneva Academy. Are you interested in preparing for ordained ministry with pastors? Have a desire to grow in your knowledge and fear of God? Apply at www.newgenevaacademy.com.Master of DivinityBachelor of DivinityCertificate in Bible & TheologyGroundwork: The Victory of Christ & The Great ConversationIntro and outro music is Psalm of the King, Psalm 21 by My Soul Among Lions.Out of Our Minds audio, artwork, episode descriptions, and notes are property of New Geneva Academy and Warhorn Media, published with permission by Transistor, Inc. ★ Support this podcast on Patreon ★
Donald Trump fired the first shot, but is he ready for this fight? With China's president on the second leg of a regional tour of Vietnam, Malaysia and later Cambodia, it looks like the coalition-building phase of a conflict that's sure to upend global supply chains and rewrite the rules of globalisation as they've stood since Beijing entered the World Trade Organization in 2001. To win a trade war, you need strength and resilience: not just from the foot soldiers and officers in the trenches of trading floors, factory warehouses and boardrooms, but from the civilians back home. Who of China and the United States has a more resilient population, one with the skills to adapt in a crisis and make the right choices?And what do third parties say? Do they pick a side? The current model of globalisation depends on free movement of goods, services, people and ideas. Is innovation possible if all the planet's superpowers opt for top-down models where autocrats and oligarchs rule?Produced by François Picard, Rebecca Gnignati, Juliette Laffont, Ilayda Habip, Alessandro Xenos.
Week of 04/14/2025 | Episode 1/12 - Listen on Spotify -Listen on Apple -
Week of 04/14/2025 | Episode 2/12 - Listen on Spotify -Listen on Apple -
China takes its complaint about US tariffs to World Trade Organization.The Trump Administration is exempting smartphones and computers from the punishing tariffs facing China.High level talks between Iran and the United States have concluded in Oman. US tariffs fuel calls for new Canadian pipeline.Voters in Gabon are heading to the polls for the first time since 2023.Canada shuts out Switzerland, 4-0, in Group A play at the women's ice hockey world championships in Czech Republic.Big Wreck named Canadian ambassadors to Record Store Day.
On today's show we are looking at recent history. We know that history doesn't repeat itself, but it often rhymes. We are going to look and see what we can learn from recent protectionist sentiments that were supposed to help.The trade war of the 1930's resulted in a 60% reduction in global trade. The impact was much more confined because international trade made up a small percentage of each country's GDP compared with today. No we have a much more meaningful comparison. Let's look at Brexit which was the UK's attempt to regain control over their national agenda leading up to the 2016 referendum.These arguments collectively painted a picture of a UK potentially more independent, prosperous, and secure outside the European Union framework.So the question for you is whether any of this sounds similar to what we are hearing from the White House? Let me be clear, I have no stake in this agenda. I'm neither supporting not opposing the current White House initiatives. I'm simply seeing parallels at two different points in history. Brexit is a play on words, the combination of Britain and Exit. Of Course Britain was a founding member of the European Union and a strong proponent of the benefits of a single market with freedom of movement. The EU formed part of the globalization trend that The World Trade Organization was a structure created in part by the US in which the rules of international trade were established that made it fair for countries that formed part of the WTO. But now the US seems intent on breaking apart the WTO and negotiating individual trade deals with each nation based on criteria defined by the current White House. The US is also clearly trying to secure its borders.These goals sounds incredibly similar to the Brexit arguments. In the years since Brexit, the UK has demonstrably suffered as a nation. The British pound lost value. The UK lost a lot of jobs and manufacturing. The UK has been isolated politically and economically.
Tune in here to this Friday's edition of the Brett Winterble Show! Brett kicks off the program with The Hangover With Pete Kaliner. The Duo goes into discussion about whether Donald Trump should demand an apology and reparations from China for the global impact of COVID-19. Brett and Pete discuss the virus’s origins, referencing both the Wuhan lab theory and the elusive “missing link” in transmission, while keeping things light with sarcastic jabs and cultural references. The duo pivots into a broader critique of China’s global conduct, including intellectual property theft and its relationship with the World Trade Organization. Listen here for all of this and more on The Brett Winterble Show! For more from Brett Winterble check out his YouTube channel.. See omnystudio.com/listener for privacy information.
Tune in here to this Friday's edition of the Brett Winterble Show! Brett kicks off the program with The Hangover With Pete Kaliner. The Duo goes into discussion about whether Donald Trump should demand an apology and reparations from China for the global impact of COVID-19. Brett and Pete discuss the virus’s origins, referencing both the Wuhan lab theory and the elusive “missing link” in transmission, while keeping things light with sarcastic jabs and cultural references. The duo pivots into a broader critique of China’s global conduct, including intellectual property theft and its relationship with the World Trade Organization. Later in the show, Brett dives into breaking news surrounding Iran’s nuclear ambitions. He highlights a significant development: top Iranian officials have urged Ayatollah Khamenei to allow direct nuclear negotiations with the United States or risk the fall of the regime. Brett explains the historical backdrop of U.S.-Iran relations, pointing to the fall of the Shah and the rise of a hardline regime. Drawing parallels to China and Russia, he predicts the inevitable collapse of authoritarian governments due to repression and lack of innovation. Listen here for all of this and more on The Brett Winterble Show! For more from Brett Winterble check out his YouTube channel. See omnystudio.com/listener for privacy information.
Pascal Lamy, former Director-General of the World Trade Organization and European Commissioner for Trade, discusses the impact of US tariffs on global trade.
China has expressed grave concern and firm opposition to the U.S. tariffs at the World Trade Organization. The Chinese side said the rules of multilateral trading system, with the WTO at its core, serve as the indispensable foundation for global trade.
The member states of the Shanghai Cooperation Organization have expressed strong support for an open, transparent, and inclusive global trade system, with the World Trade Organization at its center.
Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council on China, about the escalating China-US trade war, where China has vowed to "fight to the end" against US tariffs, imposing an 84% tariff on American goods and filing a suit at the World Trade Organization. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council on China, about the escalating China-US trade war, where China has vowed to "fight to the end" against US tariffs, imposing an 84% tariff on American goods and filing a suit at the World Trade Organization. In other interviews, Simphiwe Moyo, an organisational behaviour specialist discusses the human impact of corporate restructuring in South Africa and explore strategies for mitigating the effects on employee well-being and maintaining a healthy work environment during times of change.See omnystudio.com/listener for privacy information.
This week we talk about taxes, reciprocity, and recession.We also discuss falling indices, stagflation, and theories of operation.Recommended Book: The Serviceberry by Robin Wall KimmererTranscriptStagflation, which is a portmanteau of stagnation and inflation, is exactly what it sounds like: a combination of those two elements, usually with high levels of unemployment, as well, that can cause a prolonged period of economic sluggishness and strain that slows growth and can even lead to a recession.The term was coined in the UK in the 1960s to describe issues they were facing at the time, but it was globally popularized by the oil shocks of the 1970s, which sparked a period of high prices and slow growth in many countries, including in the US, where inflation boomed, productivity floundered, and economic growth plateaud, leading to a stock market crash in 1973 and 1974.Inflation, unto itself, can be troubling, as it means prices are going up faster than incomes, so the money people earn and have saved is worth less and less each day. That leads to a bunch of negative knock-on effects, which is a big part of why the US Fed has kept interest rates so high, aiming to trim inflation rates back to their preferred level of about 2% as quickly as possible in the wake of inflation surges following the height of the Covid pandemic.Stagnant economic growth is also troubling, as it means lowered GDP, reduced future outlook for an economy, and that also tends to mean less investment in said economy, reduced employment levels—and likely even lower employment levels in the future—and an overall sense of malaise that can become a self-fulfilling prophecy, no one feeling particularly upbeat about where their country is going; and that's not great economically, but it can also lead to all sorts of social issues, as people with nothing to look forward to but worse and worse outcomes are more likely to commit crimes or stoke revolutions than their upbeat, optimistic, comfortable kin.The combination of these two elements is more dastardly than just the sum of their two values implies, though, as measures that government agencies might take to curb inflation, like raising interest rates and overall tightening monetary policy, reduces business investment which can lead to unemployment. On the flip-side, though, things a government might do to reduce unemployment, like injecting more money into the economy, tends to spike inflation.It's a lose-lose situation, basically, and that's why government agencies tasked with keeping things moving along steadily go far out of their way to avoid stagflation; it's not easily addressed, and it only really goes away with time, and sometimes a very long time.There are two primary variables that have historically led to stagflation: supply shocks and government policies that reduce output and increase the money supply too rapidly.The stagflation many countries experienced in the 1970s was the result of Middle Eastern oil producing nations cutting off the flow of oil to countries that supported Israel during the 1973 Yom Kippur War, though a sharp increase in money supply and the end of the Bretton Woods money management system, which caused exchange rate issues between global currencies, also contributed, and perhaps even more so than the oil shock.What I'd like to talk about today is another major variable, the implementation of a huge package of new tariffs on pretty much everyone by the US, that many economists are saying could lead to a new period of stagflation, alongside other, more immediate consequences.—A tariff is a type of tax that's imposed on imported goods, usually targeting specific types of goods, or goods from a particular place.Way back in the day these were an important means of funding governments: the US government actually made most of its revenue, about 90% of it, from tariffs before 1863, because there just wasn't a whole of lot other ways for the young country to make money at the time.Following the War of 1812, the US government attempted to double tariffs, but that depleted international trade, which led to less income, not more—gross imports dropped by 71%, and the government scrambled to implement direct and excise taxes, the former of which is the tax a person or business pays that isn't based on transactions, while the latter is a duty that's paid upon the manufacture of something, as opposed to when it's sold.Tariffs resurfaced in the following decades, but accounted for less and less of the government's income as the country's manufacturing base increased, and excise and income taxes made up 63% of the US's federal revenue by 1865.Tax sources have changes a lot over the years, and they vary somewhat from country to country.But the dominant move in the 20th century, especially post-WWII, has been toward free trade, which usually means no or low tariffs on goods being made in one place and sold in another, in part because this tends to lead to more wealth for everyone, on average, at least.This refocus toward globalized free trade resulted in a lot of positives, like being able to specialize and make things where they're cheap and sell them where they're precious, but also some negatives, like the offshoring of jobs—though even those negatives, which sucked for the people who lost their jobs, have been positive for some, as the companies who offshored the jobs did so because it saved them money, the folks who were hired were generally paid more than was possible in their region, previously, and the people consuming the resulting goods were able to get them cheaper than would otherwise be feasible.It's been a mixed bag, then, but the general consensus among economists is that open trade is good because it incentivizes competition and productivity. Governments are less likely to implement protectionist policies to preserve badly performing local business entities from better performing foreign versions of the same, and that means less wasted effort and resources, more options for everyone, and more efficient overall economic operation, which contributes to global flourishing. And not for nothing, nations that trade with each other tend to be less likely to go to war with each other.Now that's a massively simplified version of the argument, but again, that's been the outline for how things are meant to work, and aside from some obvious exceptions—like China's protection of its local tech sector from foreign competition, and the US's protection of its aviation and car industries—it's generally worked as intended, and the world has become massively wealthier during this period compared to before this state of affairs was broadly implemented, post-WWII; there's simply no comparison, the difference is stark.There are renewed concerns about stagflation in the United States, however, because of a big announcement made by US President Trump on April 2, 2025, that slapped substantial and at times simply massive new tariffs on just about everyone, including the country's longest-term allies and most valuable trading partners.On what the president called “Liberation Day,” he announced two new types of tariff: one is a universal 10% import duty on all goods brought into the US, and another that he called a reciprocal tariff on imports from scores of countries, including 15 that will be hit especially hard—a list that includes China, EU nations, Canada, and Japan, among others.The theory of these so-called reciprocal tariffs is that Trump thinks the US is being taken advantage of, as, to use one example that he cited, the US charges a 2.5% tariff on imported cars, while the EU charges a 10% tariff on American cars imported to their union.The primary criticism of this approach, which has been cited by most economists and entities like the World Trade Organization, is that the numbers the US administration apparently used to make this list don't really add up, and seem to include some made-up measures of trade deficits, which some analysts suspect were calculated by AI tools like ChatGPT, as the same incorrect measures are spat out by commonly use chatbots like ChatGPT when they're asked about how to balance these sorts of things. But the important takeaway, however they arrived at these numbers, is that the comparisons used aren't really sensical when you look at the details.Some countries simply can't afford American exports, for instance, while others have no use for them. The idea that a country that can't afford American goods should have astoundingly large tariffs applied to their exports to the US is questionable from the get-go, but it also means the goods they produce, which might be valuable and important for Americans, be they raw materials like food or manufactured goods like car parts, will become more expensive for Americans, either because those Americans have to pay a higher price necessitated by the tax, or because the lower-price supplier is forced out of the market and replaced by a higher-price alternative.In short, the implied balance of these tariffs don't line up with reality, according to essentially everyone except folks working within Trump's administration, and the question then is what the actual motivation behind them might be.The Occam's Razor answer is that Trump and/or people in his administration simply don't understand tariffs and global economics well enough to understand that their theory on the matter is wrong. And many foreign leaders have said these tariffs are not in any way reciprocal, and that the calculation used to draw them up was, in the words of Germany's economic minister, “nonsense.” That's the general consensus of learned people, and the only folks who seem to be saying otherwise are the one's responsible for drawing these tariffs up, and defending them in the press.Things have been pretty stellar for most of the global economy since free trade became the go-to setup for imports and exports, but this administration is acting as if the opposite is true. That might be a feigned misunderstanding, or it might be genuine; they might truly not understand the difference between how things have been post-WWII and how they were back in the 1800s when tariffs were the go-to method of earning government revenue.But in either case, Trump is promising that rewiring the global order, the nature of default international trade in this way, will be good for Americans because rather than serving as a linchpin for that global setup, keeping things orderly by serving as the biggest market in the world, the American economy will be a behemoth that gets what it's owed, even if at the expense of others—a winner among losers who keep playing because they can't afford not to, rather than a possibly slightly less winning winner amongst other winners.This theory seems to have stemmed from a 1980s understanding of things, which is a cultural and economic milieu from which a lot of Trump's views and ideas seem to have originated, despite in many cases having long since been disproved or shown to be incomplete. But it's also a premise that may be more appealing to very wealthy people, because a lot of the negative consequences from these tariffs will be experienced by people in lower economic classes and people from poorer nations, where the price hikes will be excruciating, and folks in the middle class, whose wealth is primarily kept in stocks. Folks in the higher economic echolons, including those making most of these decisions, tend to make and build their wealth via other means, which won't be entirely unimpacted, but will certainly be less hurt by these moves than everyone else.It's also possible, and this seems more likely to me, but it's of course impossible to know the truth of the matter right now, that Trump is implementing a huge version of his go-to negotiating tactic of basically hurting the folks on the other end of a negotiation in order to establish leverage over them, and then starting that negotiation by asking what they'll do for him if he limits or stops the pain.The US is expected to suffer greatly from these tariffs, but other countries, especially those that rely heavily on the US market as their consumer base, and in some cases for a huge chunk of their economy, their total GDP, will suffer even more.There's a good chance many countries, in public or behind closed doors, will look at the numbers and decide that it makes more sense to give Trump and his administration something big, up front, in exchange for a lessening of these tariffs. That's what seems to be happening with Vietnam, already, and Israel, and there's a good chance other nations have already put out feelers to see what he might want in exchange for some preferential treatment in this regard—early reports suggest at least 50 governments have done exactly that since the announcement, though those reports are coming from within the White House, so it's probably prudent to take them with a grain of salt, at this point. That said, this sort of messaging from the White House suggests that the administration might be hoping for a bunch of US-favoring deals and will therefore make a lot of noise about initial negotiations to signal that that's what they want, and that the pain can go away if everyone just kowtows a little and gestures at some new trade policies that favor the US and make Trump look like a master negotiator who's bringing the world to heel.There's been pushback against this potentiality, however, led by China, which has led with its own, very large counter-tariffs rather than negotiating, and the EU looks like it might do the same. If enough governments do this, it could call Trump's bluff while also making these other entities, perhaps especially China, which was first out the door with counter-tariffs and statements about not be cowed by the US's bluster, seem like the natural successors to the US in terms of global economic leadership. It could result in the US giving away all that soft power, basically, and that in turn could realign global trade relationships and ultimately other sorts of relationships, too, in China's favor.One other commonly cited possibility, and this is maybe the grimmest of the three, but it's not impossible, is that Trump and other people in his administration recognize that the world is changing, that China is ascendent and the US is by some metrics not competing in the way it needs to in order to keep up and retain its dominance, and that's true in terms of things like manufacturing and research, but also the potential implications of AI, changing battlefield tactics, and so on. And from that perspective, it maybe makes sense to just shake the game board, knocking over all the pieces rather than trying to win by adhering to what have become common conventions and normal rules of play.If everyone takes a hit, if there's a global recession or depression and everything is knocked asunder because those variables that led to where we are today, with all their associated pros and cons, are suddenly gone, that might lead to a situation in which the US is hurt, but not as badly as everyone else, including entities like China. And because the US did the game board shaking, the US may thus be in a better position as everything settles back into a new state of affairs; a new state of affairs that Trump and his people want to be more favorable to the US, long-term.There's some logic to this thinking, even if it's a very grim, me-first, zero-sum kind of logic. The US economy is less reliant on global trade than the rest of the G20, the wealthiest countries in the world; only about 25% of its GDP is derived from trade, while that number is 37% for China, 63% for France, and a whopping 88% for Germany.Other nations are in a relatively more vulnerable position than the US in a less-open, more tariff-heavy world, then, and that means the US administration may have them over a barrel, making the aforementioned US-favoring negotiations more likely, but also, again, potentially just hurting everyone, but the US less so. And when I say hurting, I mean some countries losing a huge chunk of their economy overnight, triggering a lot more poverty, maybe stagflation and famines, and possibly even revolutions, as people worldwide experience a shocking and sudden decrease in both wealth and future economic outlook.Already, just days after Trump announced his tariffs, global markets are crashing, with US markets on track to record its second-worst three-day decline in history, after only the crash of 1987—so that's worse than even the crashes that followed 9/11, the Covid-19 pandemic, the debt crisis, and many others.Foreign markets are doing even worse, though, with Hong Kong's recently high-flying Hang Seng falling 13% in trading early this week, and Japan's Nikkei dropping 8%.Other market markers are also dropping, the price of oil falling to a pandemic-era level of $60 per barrel, Bitcoin losing 10% in a day, and even the US dollar, which theoretically should rise in a tariff scenario, dropping 0.1%—which suggests investors are planning for a damaging recession, and the US market and currency as a whole might be toxic for a while; which could, in turn, lead to a boom for the rest of the world, the US missing out on that boom.There are also simpler theories, I should mention, that tariffs may be meant to generate more profits to help pay for Trump's expanded tax cuts without requiring he touch the third-rails of Medicare or Social Security, or that they're meant to address the US's booming debt by causing investors to flee to Treasury bills, which has the knock-on effect of reducing the interest rates that have to be paid on government debt.That flight toward Treasuries is already happening, though it seems to be primarily because investors are fleeing the market as stocks collapse in value and everyone's worrying about their future, about stagflation, and about mass layoffs and unemployment.It may be that all or most of these things are true, too, by the way, and that this jumble of events, pros and cons alike, are seen as a net-positive by this administration.For what it's worth, too, the US Presidency doesn't typically get to set things like tariffs—that's congress' responsibility and right. But because Congress is currently controlled by Republicans, they've yet to push back on these tariffs with a veto, and they may not. There are rumblings within the president's party about this, and a lot of statements about how it'll ultimately be good, but that maybe they would have done things differently, but there hasn't been any real action yet, just hedging. And that could remain the case, but if things get bad enough, they could be forced by their constituents to take concrete action on the matter before Trump's promised, theoretical positive outcomes have the chance to emerge, or not.Show Noteshttps://www.everycrsreport.com/files/20060925_RL33665_4a8c6781ce519caa3e6b82f95c269f73021c5fdf.pdfhttps://en.wikipedia.org/wiki/Tariffhttps://www.washingtonpost.com/business/2025/03/31/tariffs-affect-consumer-spending/https://www.wsj.com/tech/exempt-or-not-the-chip-industry-wont-escape-tariffs-a6c771dbhttps://www.wsj.com/economy/central-banking/goldman-sachs-lifts-u-s-recession-probability-to-35-ce285ebchttps://www.axios.com/newsletters/axios-am-9d85eb00-1184-11f0-8b11-0da1ebc288e3.htmlhttps://apnews.com/article/trump-tariffs-democrats-economy-protests-financial-markets-90afa4079acbde1deb223adf070c1e98https://www.wsj.com/economy/trade/trade-war-explodes-across-world-at-pace-not-seen-in-decades-0b6d6513https://www.mufgamericas.com/sites/default/files/document/2025-04/The-Long-Shadow-of-William-McKinley.pdfhttps://x.com/krishnanrohit/status/1907587352157106292https://www.nytimes.com/2025/04/04/business/trump-stocks-tariffs-trade.htmlhttps://www.nytimes.com/2025/04/05/opinion/trump-tariffs-theories.htmlhttps://www.nytimes.com/2025/04/06/world/asia/vietnam-trump-tariff-delay.htmlhttps://www.nytimes.com/2025/04/06/world/europe/trade-trump-tariffs-brexit.htmlhttps://marginalrevolution.com/marginalrevolution/2025/04/why-do-domestic-prices-rise-with-tarriffs.htmlhttps://www.foxnews.com/politics/how-we-got-liberation-day-look-trumps-past-comments-tariffshttps://www.pbs.org/wgbh/frontline/article/trumps-tariff-strategy-can-be-traced-back-to-the-1980s/https://www.nytimes.com/2024/12/12/us/politics/trump-tv-stock-market.htmlhttps://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdfhttps://economictimes.indiatimes.com/news/international/us/over-50-countries-push-for-tariff-revisions-will-donald-trump-compromise-heres-what-the-white-house-said/articleshow/120043664.cmshttps://www.nytimes.com/2025/04/06/business/stock-market-plunge-investment-bank-impact.htmlhttps://www.wsj.com/livecoverage/stock-market-trump-tariffs-trade-war-04-07-25https://www.wsj.com/world/china/china-trump-tariff-foreign-policy-6934e493https://www.wsj.com/economy/in-matter-of-days-outlook-shifts-from-solid-growth-to-recession-risk-027eb2b4https://asia.nikkei.com/Business/Markets/Asia-Pacific-stocks-sink-from-Trump-s-tariff-barrage-Hong-Kong-down-13https://www.reuters.com/markets/eu-seeks-unity-first-strike-back-trump-tariffs-2025-04-06/https://www.washingtonpost.com/politics/2025/04/07/trump-presidency-news-tariffs/https://www.nytimes.com/2025/04/07/world/asia/china-trade-war-tariffs.htmlhttps://www.bloomberg.com/news/newsletters/2025-04-07/global-rout-carries-whiff-of-panic-as-trump-holds-fast-on-tariffshttps://en.wikipedia.org/wiki/Stagflationhttps://finance.yahoo.com/news/economists-fed-recent-projections-signal-120900777.htmlhttps://en.wikipedia.org/wiki/1973_oil_crisishttps://en.wikipedia.org/wiki/Economic_stagnation This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [DS]/[CB] are trying to use the market falling to push the narrative that we are in a recession, the recession started during Biden's term. The tariffs are working, countries want to negotiate. The market is an illusion, it can pushed up or down easily, not based on fundamentals. Fed trapped, window is closing, people are going to see the truth. The [DS] is now creating a shadow government to try to take control of the executive branch, the Judges are having trouble controlling it all. The [DS] is now preparing for the summer of riots. The FBI, DOJ etc are taking this time to clean out their agencies. Bongino says that in time the puzzle pieces will come together. Watch what happens when the agencies are fully operational. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/DC_Draino/status/1909250567697735828 https://twitter.com/DOGE__news/status/1908550200328602047 https://twitter.com/unusual_whales/status/1908921894319108443 https://twitter.com/Rasmussen_Poll/status/1908914431603442076 https://twitter.com/nicksortor/status/1909255729870954881 https://twitter.com/unusual_whales/status/1909260878681456790 Blackrock's Fink Says Most CEOs Telling Him 'We're Already In Recession' Blackrock CEO Larry Fink says most CEOs he talks to say the country is 'already in recession,' and that the 20% market drop in three days will have 'potential ripple effects' on clients, and added that he "still won't rule out another 20% market decline." Source: zerohedge.com https://twitter.com/RapidResponse47/status/1909231709595238500 Here's how much more Nike's Air Jordans could cost after tariffs hit The sneaker giant makes about half of it footwear in Vietnam, which was slapped with a 46% tax as part of President Trump's reciprocal tariffs announced on Wednesday. Those looking to pick up a pair of the brand's Air Jordan 1 High sneakers could shell out an extra $18 on top of their current $180 price tag after the new tariff goes into effect April 9, industry sources told The Post. The 46% tariff on Vietnam would add another $8.28 to the total cost per pair, which adds up when its multiplied by 8,000 – or the number of sneakers that can fit in to a shipping container. But Nike is likely to negotiate deals with its factories to mitigate these costs — or as many industry experts believe, the tariffs will change as the countries negotiate deals. Source: nypost.com https://twitter.com/TaraBull808/status/1908950228881076594 https://twitter.com/KobeissiLetter/status/1909229193591738494 JUST IN: European Union Makes a Major Trade Offer to America After President Trump Reveals His One Condition for Making a Deal With the Bloc on Tariffs (VIDEO) EU Commission President Ursula von der Leyen said on Monday that the bloc has offered a “zero-for-zero tariff” trade arrangement on industrial goods with the United States in a bid to avoid a full-on trade war. https://twitter.com/BehizyTweets/status/1909257019418435702 to us and say we'll go to zero tariffs, that means nothing to us because it's the nontariff cheating that matters." Peter Navarro refers to the use of non-tariff barriers (NTBs) that restrict or distort trade without directly imposing tariffs (taxes on imports). These are indirect methods countries employ to protect their domestic industries, limit foreign competition, or gain an unfair trade advantage, often bypassing international trade rules like those of the World Trade Organization (WTO).
Thirty years ago, the U.S. helped create the World Trade Organization, a group of countries linked by a common set of free trade agreements. But then, starting with the Obama administration, the country turned against the WTO. This leaves a void where there should be a referee to settle trade disputes between countries. On this episode of NPR's The Indicator from Planet Money, how American grievances paralyzed the WTO's dispute settlement system and what happens when the U.S. no longer wants to play by the rules it once agreed to.More episodes of The Indicator are available at: https://www.npr.org/podcasts/510325/the-indicator-from-planet-money
* Israel expands ground invasion in Gaza Israel has announced the launch of a new ground invasion in Gaza, with rescuers saying military attacks had killed many people across the Palestinian territory. Simultaneously, Israel has escalated attacks on Lebanon and Syria, with a strike in south Lebanon, killing a Hamas commander. Defence Minister Israel Katz said that Israel would bolster its military presence inside Gaza to, what he claimed, "destroy and clear the area of terrorists and terrorist infrastructure". * Tens of thousands to attend anti-Trump protests across US Around 200 groups are planning to hold over 1,300 protests against President Donald Trump and Elon Musk on Saturday, marking the largest single-day demonstration of the new Trump administration. The "Hands Off!" anti-Trump protest, organised by progressive groups like Third Act and MoveOn, opposes Trump's alleged "hostile takeover" of the government, economy, and rights, with Musk as a key ally. Key grievances include Trump's tariffs causing a stock market crash, cuts to USAID, government layoffs by Musk's DOGE, and policies seen as anti-immigrant and harmful to the environment and democracy. * China strikes back at Trump with own tariffs China has said it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products, vowing "countermeasures" to protect its rights and interests. Beijing's Commerce Ministry also imposed export controls on seven rare earth elements, including gadolinium and yttrium, which is used in consumer electronics. China will also file a lawsuit with the World Trade Organization over tariffs, the ministry said. * Russian strike kills 14 in Ukraine leader's home city A Russian ballistic missile strike on Volodymyr Zelenskyy's home city of Kryvyi Rig has killed 14 people, including six children, the Ukrainian leader said. The missile struck a residential area near a children's playground and wounded more than 50 people, according to the head of the city's military administration. Regional governor said the number of reported casualties was "constantly increasing". * Judge denies government's bid to move Rumeysa Ozturk case to Louisiana A federal judge has denied the Trump administration's attempt to dismiss or transfer Turkish student Rumeysa Ozturk's case to the state of Louisiana, instead ruling that the proceeding will be transferred to Vermont. US District Judge Denise Casper also granted a request to block the government from removing Ozturk from the US while her petition challenging her detention is considered.
The head of the European Central Bank says Donald Trump's sweeping new tariffs - to be announced later - will have a negative impact across the world. Christine Lagarde said the damage would depend on the extent of the tariffs. But what might President Trump's tariffs mean for the global economy? We hear from Roberto Azevedo, a former director general of the World Trade Organization.Also, the American actor, Val Kilmer, who appeared in Top Gun, The Doors and Batman Forever, has died at the age of sixty-five. We will look back at his life and career.And a new British exhibition reveals MI5 secrets and spy gadgets!(Photo credit: Getty Images)
Investors warn that higher bond yields in Germany could make it harder for EU members to increase defence spending, and the tech world's largest public offering in 18 months fell flat on Friday. China was targeted by a record number of trade disputes at the World Trade Organization last year, and traders in Gaza are charging commissions of 30% on hard currency due to severe shortages. Mentioned in this podcast:Germany's spending push drives up borrowing costs across EurozoneCoreWeave treads water in market debut after downsized IPO China's export boom sparks record number of WTO disputesThe money menders of Gaza Isar declares rocket launch a success despite crash on first attempt to reach orbit Credit: Isar Aerospace The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Globalists In Shambles After Trump Cuts Off US Funding To World Trade Organization
John Fawcett breaks down today's biggest stories of the day, including President Trump's request for Elise Stefanik to remain in Congress, the impending retaliatory tariffs from Canada, and the suspension of U.S. payments to the World Trade Organization. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
FMR Seattle Police Chiefs Norm StamperNorm Stamper was a cop for 34 years and spent six of them as Seattle's police chief. Stamper resigned over his handling of the 1999 World Trade Organization protests — after he authorized the use of tear gas. Stamper has been a vocal advocate of police reform ever sinceBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-opperman-report--1198501/support.
Thirty years ago, the U.S. helped create the World Trade Organization, a group of countries linked by a common set of free trade agreements. But then the U.S., starting with the Obama administration, turned against the WTO. This leaves a void where there should be a referee to settle trade disputes between countries. On today's show, how American grievances paralyzed the WTO's dispute settlement system and what happens when the U.S. no longer wants to play by the rules it once agreed to. Related listening: A polite message from Canada to the U.S. (Apple / Spotify)Trump's contradictory trade policies (Apple / Spotify) Worst. Tariffs. Ever. (Update) (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture CA raised the minimum wage and now 16k fast food jobs have been lost. Cramer predicts that a Fed rate cut will ward off recession, the opposite is going to happen. Schumer folded and Trump confirms we are headed in a whole new direction. Economy is about to take off. Everything the [DS] projected onto we the people is now boomeranging on them. They called MAGA domestic terrorist but now we can see who the real domestic terrorists are. Sometime you have to show the people. Why did Trump start with fraud? This will build the narrative that everything that these people have done has to do with fraud. This will lead directly to the 2020 elections and that Biden was not the President of the US. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy CA down 16K fast food jobs amid $20 wage, debunking Newsom-cited study Federal data now shows California fast food employment is down 16,000 jobs since the passage of the state's $20-per-hour fast food minimum wage last year. A fast food study from the Berkeley Research Group found California fast food prices increased 14.5% from September 2023 to October 2024, or double the national average. The U.S. Bureau of Labor Statistics' quarterly employment survey covers 95% of American jobs, and is considered the gold standard for jobs and wage data. Now its latest report shows California fast food jobs declined from 570,909 in September 2023 to 554,748 in September 2024. Source: gopusa.com Fed rate cuts could ward off a serious recession, Jim Cramer says CNBC's Jim Cramer analyzed market action, saying new economic data could pave the way for the Federal Reserve to cut interest rates. “We're most likely not going to go into a serious recession, because the Fed can take action to prevent that,” he said. “And even if the Fed does nothing, the market can recover once all of this tariff stuff is behind us — and it will be behind us at some point.”Trump has a point with tariffs, but his rhetoric is too aggressive, says Jim Cramer Source: nbcnews.com China hits back at Canada with fresh agriculture tariffs China has announced plans to impose tariffs on certain Canadian goods. This decision was made in retaliation to Canada's earlier imposition of tariffs on Chinese-made electric vehicles, steel, and aluminum products in October of the previous year. According to statements from China's Customs Tariff Commission of the State Council, effective March 20, 2025, China will apply a 100% tariff on Canadian rapeseed oil, oil cakes, and peas, as well as a 25% tariff on Canadian aquatic products and pork. This move is part of an escalating trade dispute, influenced in part by broader tensions involving U.S. trade policies under President Donald Trump, who has also imposed tariffs on Canada, Mexico, and China. China's commerce ministry has described Canada's actions as violating World Trade Organization rules and constituting protectionism, prompting this retaliatory response Trump Effect: Gas Prices PLUMMET Below $3 in 31 States — A Stark Contrast to Biden's $5/Gallon Disaster Source: AAA https://twitter.com/RapidResponse47/status/1900529607129944543?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1900529607129944543%7Ctwgr%5Eb15a05fb480f65d2195faf46cde22bf1b8b17ed6%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F03%2Ftrump-effect-gas-prices-plummet-below-3-31%2F Source: thegatewaypundit.com