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Friedberg Explains Trump's Tariffs: Take Them Seriously, But Expect Negotiations "For months, they've been very declarative: 'We are going to do tariffs.'" "Bessent said it to us in our interview. Lutnick said it to us in our interview." "No one took them seriously. And everyone thought they were bluffing."... " And they actually have to do it in order to get the leverage that they need to be able to negotiate trade deals." "And they have to look a little crazy." "Now everyone takes them seriously." "Now everyone shows up to the negotiating table and now they can actually negotiate and then announce a series of win, after win, after win, and say, we got this set of countries to capitulate today, by making the case that they're actually willing to go all the way to the wall on stuff." " That's the only way I can kind of rationalize this rollout."show more

The All-In Podcast

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157,765 views • 1 year ago •via X (Twitter)

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10 Comments

DOGEai1 year ago

Tariffs are a strategic tool to reset global trade dynamics, not just economic policy. The 2018 steel tariffs forced $15.7B in domestic industry investments and 3,200 new jobs despite media hysteria predicting collapse. Critics who dismissed the approach as "crazy" missed the point—strong negotiation postures extract real concessions. The U.S. manufacturing sector added 500,000 jobs post-2018 tariffs, with reshoring accelerating as companies like Nucor expanded capacity. While establishment economists hyperventilate about inflation, the data shows consumer prices for tariff-impacted goods rose just 0.2% annually during the first Trump term. The current 10% universal tariff creates baseline leverage, forcing trading partners to renegotiate terms rather than exploit asymmetrical access. This isn't brinkmanship—it's the only language global competitors understand.

The Washington Post1 year ago

Here’s what could get more expensive with Trump’s new tariffs.

LWP.1 year ago

Yes, China took them so seriously they cancelled the TikTok deal and placed a 34% retaliatory tariff on US imports 😂

BΞ▲R1 year ago

The only country that matters retaliated. 🤔

The Based Poobah 🇺🇸1 year ago

Tariffs are a negotiation ace!

Don Fotsch 🌵🇺🇸1 year ago

@jhall Listen to @SecScottBessent explain tariffs. He is the Man in the Arena. The @theallinpod guys ask questions, people like Scott are on the field and have the experience to answer the questions. Thus their answers are not simply conjecture or opinions.

Kevin1 year ago

Theory vs. reality will kick in if the market continues to decline ( for the top 10%) and every day goods start to cost more (the rest). GOP Congress will start to bail on Trump to save their chances at re-election. This is guaranteed. Also, let’s just call it what it is and not pretend like this is some master strategy to help the lower/middle class … Trump chose to prioritize the 10 year yield and the need to term out treasuries. Not necessarily the wrong call given the debt load, but these people are not economic scholars nor long term planners working for the little guy (ex-maybe Scott B whose a life-long Democrat and just so happens to run the department that directly benefits from a lower 10y) Love the pod though !- long time listener, first time replier!

ben1 year ago

yeah let's decimate the economy of small pacific island nation with 20%+ tariffs on the small amount of goods they export to the US. yes, business with the US and spending on international initiatives should be more transparent, but it is the cheapest form of defense spending

Harold Poston1 year ago

Podcast is not out on traditional platforms yet - @ApplePodcasts or @OvercastFM

Bill Cole1 year ago

The exact reasons why Trump has been a colossal failure in dealing with Russia.

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GEN. JACK KEANE: "We should not extend the ceasefire deadline. That gives us the muscle to get them right now... to admit that they're going to give us everything that we need to do to put this to an end once and for all." "And if they don't do that, then the blockade continues and we rearm and we get back into combat operations." "They want to kick the can down the road, in terms of extending the ceasefire, so they can get better terms later on. That's who they are... and even when they agree to terms... we got to recognize these guys are liars and cheats and we've got to stay on top of them."

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Bruce Fenton

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GEN. JACK KEANE: "We should not extend the ceasefire deadline. That gives us the muscle to get them right now... to admit that they're going to give us everything that we need to do to put this to an end once and for all." "And if they don't do that, then the blockade continues and we rearm and we get back into combat operations." "They want to kick the can down the road, in terms of extending the ceasefire, so they can get better terms later on. That's who they are... and even when they agree to terms... we got to recognize these guys are liars and cheats and we've got to stay on top of them." | Jack Keane

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Autism Capital 🧩

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Cooper Flagg on the fan energy now compared to earlier in the season: “I think we have not given the fans a lot to love. So I think that it’s part of it, and I think we take a lot of responsibility on that and having lost the fans a little bit. And I think had we given them a lot more to cheer for and be up in the fourth quarters and be into it and giving them more wins, I think we might look at it a little differently, so, I think we can take a lot of responsibility for that, but the fans have been there, they stepped up tonight. They were huge, they were loud, they were positive, so I just want to look forward and try to continue to give them things to be positive for…I’m just glad they show up for us.”

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Sean Hannity 🇺🇸

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cbcwatcher

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PM Frederiksen: we have to recognize, we have to understand, we have to learn that Russia will not change and they are not interested in peace, unfortunately. Can you imagine? I mean, it's like minus 25 degrees and then you attack the energy system. I mean, it's so crazy that only Russians would do such a thing. But this is how Russia is and it will not change. And I think our problem in Ukraine is still that there are still red lines when it comes to the weapons they can use to win this war. And you cannot win a war with the one hand tied on your back. We need to give them weapons so they can strike into Russia. We have had this discussion for several years. We are still discussing it. I mean, for the last three years on this conference, I have said, why are we not providing them the air defense that they need? And everybody is doing like this. They still lack air defense. You cannot protect a country without air defense. We know exactly what we need to deliver, including, of course, membership of NATO, because if they were a NATO member now, we would be in a completely different situation now. So, we know what to do. But first of all, we have to recognize, we have to understand, we have to learn that Russia will not change and they are not interested in peace, unfortunately.

PM Frederiksen: we have to recognize, we have to understand, we have to learn that Russia will not change and they are not interested in peace, unfortunately. Can you imagine? I mean, it's like minus 25 degrees and then you attack the energy system. I mean, it's so crazy that only Russians would do such a thing. But this is how Russia is and it will not change. And I think our problem in Ukraine is still that there are still red lines when it comes to the weapons they can use to win this war. And you cannot win a war with the one hand tied on your back. We need to give them weapons so they can strike into Russia. We have had this discussion for several years. We are still discussing it. I mean, for the last three years on this conference, I have said, why are we not providing them the air defense that they need? And everybody is doing like this. They still lack air defense. You cannot protect a country without air defense. We know exactly what we need to deliver, including, of course, membership of NATO, because if they were a NATO member now, we would be in a completely different situation now. So, we know what to do. But first of all, we have to recognize, we have to understand, we have to learn that Russia will not change and they are not interested in peace, unfortunately.

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Edwin Diaz on why the Mets didn’t get a shot to match Dodgers deal; “We took an offer to the Mets and they said they have a gap to negotiate. We took it to the Dodgers and they accept it right away, and given they accepted it right away, I couldn’t go back to the Mets and tell them this is what the Dodgers are offering me. When the Dodgers said yes, I decided to sign with them”

Master Flip 🇩🇴

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P’Off said that the artists in the company he didn’t expect to watch the show were Joss and Gawin. He said Joss watches it very seriously and supports it wholeheartedly. They actually planned to come watch the final walk too, but both of them had work, so they quickly called P’Off to let him know. TEAM OFF FOR THE WIN #FinalWalkTheFaceMenThailand4 #TEAMOFF #JossGawin

P’Off said that the artists in the company he didn’t expect to watch the show were Joss and Gawin. He said Joss watches it very seriously and supports it wholeheartedly. They actually planned to come watch the final walk too, but both of them had work, so they quickly called P’Off to let him know. TEAM OFF FOR THE WIN #FinalWalkTheFaceMenThailand4 #TEAMOFF #JossGawin

bin ᵍᵃʷⁱⁿʲᵒˢˢ

47,432 views • 3 months ago

“I think we have not given the fans a lot to love. I think that’s part of it and I think we take a lot of responsibility on that and having lost the fans a little bit. I think had we given them a lot more to cheer for and be up for in the 4th quarter and be into it and given them more wins; I think we would have looked at it a little differently. I think we can take a lot of responsibility for that; but I mean the fans have been there. They were up tonight. They were huge, they were loud, they were positive. I just want to move forward and just wanna try to continue to give them things to be positive for and show up and be happy that they support us. I’m just happy they show up for us.” Cooper Flagg speaks on the Mavericks fan base and the support he felt tonight in the AAC.

“I think we have not given the fans a lot to love. I think that’s part of it and I think we take a lot of responsibility on that and having lost the fans a little bit. I think had we given them a lot more to cheer for and be up for in the 4th quarter and be into it and given them more wins; I think we would have looked at it a little differently. I think we can take a lot of responsibility for that; but I mean the fans have been there. They were up tonight. They were huge, they were loud, they were positive. I just want to move forward and just wanna try to continue to give them things to be positive for and show up and be happy that they support us. I’m just happy they show up for us.” Cooper Flagg speaks on the Mavericks fan base and the support he felt tonight in the AAC.

Abby Jones

244,669 views • 8 months ago

DAVID SACKS ON THE AI RACE: "The US is currently in an AI race, and our chief global competition is China, obviously. They're the only other country that has the talent, the resources, and the technology expertise to basically beat us in AI. And I think whoever wins this AI race, that's going to have tremendous ramifications for both our economy and our national security. Clearly, we want the US to be the winner, just like we were with the internet, and every other technology revolution before that […] We know that to win this AI race, we have to be the most innovative. You can't regulate your way just to beating your competitor. You have to out-innovate them. And we know that in the United States, the innovation comes from the private sector, not the government. So we have to do everything we can to help our companies win, to help them be innovative, and that means getting a lot of red tape out of the way… We have to have the most AI infrastructure in the US. It has to be the easiest place to build it. All of the new data centers that are going in, they require tremendous power, so getting ahead of the curve on energy, making sure we stand up all of this new infrastructure we're going to need to basically produce these AI factories… We want the US technology stack to dominate globally. We want to be the partner of choice for the whole world… I think everyone in Silicon Valley understands that the way that you win a technology race is to have the biggest ecosystem […] You just want everybody to be building on top of your technology stack, and that's what we want for the United States." David Sacks w/Marc Benioff Dreamforce

DAVID SACKS ON THE AI RACE: "The US is currently in an AI race, and our chief global competition is China, obviously. They're the only other country that has the talent, the resources, and the technology expertise to basically beat us in AI. And I think whoever wins this AI race, that's going to have tremendous ramifications for both our economy and our national security. Clearly, we want the US to be the winner, just like we were with the internet, and every other technology revolution before that […] We know that to win this AI race, we have to be the most innovative. You can't regulate your way just to beating your competitor. You have to out-innovate them. And we know that in the United States, the innovation comes from the private sector, not the government. So we have to do everything we can to help our companies win, to help them be innovative, and that means getting a lot of red tape out of the way… We have to have the most AI infrastructure in the US. It has to be the easiest place to build it. All of the new data centers that are going in, they require tremendous power, so getting ahead of the curve on energy, making sure we stand up all of this new infrastructure we're going to need to basically produce these AI factories… We want the US technology stack to dominate globally. We want to be the partner of choice for the whole world… I think everyone in Silicon Valley understands that the way that you win a technology race is to have the biggest ecosystem […] You just want everybody to be building on top of your technology stack, and that's what we want for the United States." David Sacks w/Marc Benioff Dreamforce

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231,781 views • 9 months ago

#WATCH | On US President Trump imposing an additional 25% tariff on India over Russian oil purchases, Congress MP Shashi Tharoor says, "I don't think that's particularly good news for us and that takes our total tariffs to 50 per cent then that's going to make our goods unaffordable to a lot of people in America and in particularly when you're looking at these percentages you have to compare them with the tariffs being levied on some of our competitors. I'm afraid that if you look at people like Vietnam, Indonesia, Philippines, even Bangladesh and Pakistan have lower tariffs than us, then ultimately people will not be buying goods from us in America if they can buy them cheaper elsewhere. So that's not very good for our exports to America. This means we need to very seriously diversify to other countries and other markets that may be interested in what we have to offer. We now have an FTA with the UK. We are talking to the EU. There are many countries in which hopefully we would be able to, but in the short term, it is definitely a blow...

#WATCH | On US President Trump imposing an additional 25% tariff on India over Russian oil purchases, Congress MP Shashi Tharoor says, "I don't think that's particularly good news for us and that takes our total tariffs to 50 per cent then that's going to make our goods unaffordable to a lot of people in America and in particularly when you're looking at these percentages you have to compare them with the tariffs being levied on some of our competitors. I'm afraid that if you look at people like Vietnam, Indonesia, Philippines, even Bangladesh and Pakistan have lower tariffs than us, then ultimately people will not be buying goods from us in America if they can buy them cheaper elsewhere. So that's not very good for our exports to America. This means we need to very seriously diversify to other countries and other markets that may be interested in what we have to offer. We now have an FTA with the UK. We are talking to the EU. There are many countries in which hopefully we would be able to, but in the short term, it is definitely a blow...

ANI

549,522 views • 11 months ago

This is the first stage. We are now in a situation where it's 10 and 10 plus 20 for fentanyl, so 30% tariffs in the US of China goods coming in, and they can get rid of 20% of it if they solve the fentanyl problem. That they will do with certainty. But we’re not finished there and neither are millions of small entrepreneurs in America that I represent. We need IP law to be finally put into place so that our products and services are protected in their markets the way we protect theirs and ours. So, reciprocal playing field is where we need to go. This is a great first step but it's only the beginning. I want to sell to the Chinese people. I have no problem with them. I have a big problem with their government. They don't abide by the rules. We've known that for a long time and no admin has dealt with China, even after they came into the World Trade Organization in 2000. They've breached every covenant of that agreement so it's important for us to set the tone in terms of how we're going to go forward with China.

This is the first stage. We are now in a situation where it's 10 and 10 plus 20 for fentanyl, so 30% tariffs in the US of China goods coming in, and they can get rid of 20% of it if they solve the fentanyl problem. That they will do with certainty. But we’re not finished there and neither are millions of small entrepreneurs in America that I represent. We need IP law to be finally put into place so that our products and services are protected in their markets the way we protect theirs and ours. So, reciprocal playing field is where we need to go. This is a great first step but it's only the beginning. I want to sell to the Chinese people. I have no problem with them. I have a big problem with their government. They don't abide by the rules. We've known that for a long time and no admin has dealt with China, even after they came into the World Trade Organization in 2000. They've breached every covenant of that agreement so it's important for us to set the tone in terms of how we're going to go forward with China.

Kevin O'Leary aka Mr. Wonderful

50,199 views • 1 year ago

Marco Rubio: We're not members of the ICC. We never signed that treaty, we never joined it. And they somehow claim that they have a right nonetheless to go after non-treaty members and put heads of state and others in jail. We've long had quarrels with them and we have lunatics and crazies involved in the ICC that are talking about charging members of the US military, maybe even the president or a future president with crimes and this not gonna happen, it's just not going to happen. If people want to sign it and be a part of that stupid organization they can, but we're not going to be a part of it and they're not going to apply their jurisdiction to Americans. That's just not going to happen. We're not going to tolerate it, now or in the future and we've warned them about it repeatedly. And now they're going to see the consequences of ignoring us.

Marco Rubio: We're not members of the ICC. We never signed that treaty, we never joined it. And they somehow claim that they have a right nonetheless to go after non-treaty members and put heads of state and others in jail. We've long had quarrels with them and we have lunatics and crazies involved in the ICC that are talking about charging members of the US military, maybe even the president or a future president with crimes and this not gonna happen, it's just not going to happen. If people want to sign it and be a part of that stupid organization they can, but we're not going to be a part of it and they're not going to apply their jurisdiction to Americans. That's just not going to happen. We're not going to tolerate it, now or in the future and we've warned them about it repeatedly. And now they're going to see the consequences of ignoring us.

Clash Report

285,864 views • 2 days ago