 |
Farron Balanced DailyAuthor: Farron Cousins
Listen to Farron Cousins' latest commentary on the news of the day. Language: en-us Genres: Daily News, News, News Commentary Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
Trump Caves On China Tariffs As Supply Chain Shortages Begin
Episode 438
Tuesday, 13 May, 2025
Just days after it was revealed that there are currently ZERO ships headed from China to US ports, Donald Trump announced that he was temporarily walking back his 145% tariffs on Chinese goods coming into the country. China is also reducing their tariffs on US goods, but details of the temporary reduction are scarce. Trump is being hit for backing down on his signature policy, but the reality is that Trump's capitulation and fear may have saved millions of Americans. The announcement over the weekend that the country of Qatar was going to gift Donald Trump a $400 million "palace in the sky" jet that he can use as Air Force One and then keep after he leaves office caused massive backlash from the public. But it wasn't just those on the Left who were outraged - even MAGA faithfuls like Laura Loomer went after Trump for accepting such an obvious bribe (that is also clearly illegal to accept.) Donald Trump announced on Sunday, and then signed on Monday, an executive order lowering the cost of prescription drugs. Or at least, that's what he wants the press and the public to believe. The truth is that the President has no control over how much drug companies charge, with the exception of charges to Medicare and Medicaid (because he can only control federal spending.) The courts will easily overturn this order, and then Trump will blame high prescription costs on "liberal activist judges" and make himself out to be the good guy fighting for us. Staffers inside Trump's administration aren't the oblivious fools that his Cabinet members seem to be, and they fully understand that Trump is running afoul of the law on a near constant basis. Unfortunately, one source confided to a reporter from Salon that they don't know how to stop it, and the press, Congress, and even the courts have failed to do anything meaningful so far. If staffers are this worried about his behavior then it is likely far worse than any of us realizedText and and let us know your thoughts on today's stories!Subscribe to our YouTube channel to stay up to date on all of Farron’s content: https://www.youtube.com/FarronBalancedFollow Farron on social media! Facebook: https://www.facebook.com/FarronBalanced Twitter: https://twitter.com/farronbalanced Instagram: https://www.instagram.com/farronbalanced TikTok: https://www.tiktok.com/@farronbalanced?lang=en
