travis strawn

American Prestige | Special - What Could Go Right? w/ Zachary Karabell (Preview)

Special - What Could Go Right? w/ Zachary Karabell

Zachary Karabell of The Progress Network joins the program to talk about the big things: liberalism, American political capitalism, Trump, "abundance," and more.

americanprestige.supportingcast.fm/listen/ameri...

U.S. Economy Shrank in First Quarter as Imports Surged Ahead of Tariffs The gross domestic product reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected.

"main driver of the [Q1] contraction was Trump’s trade war. Net exports, the difference between what the U.S. imports and exports, subtracted nearly 5 percentage points from headline GDP. That was the biggest quarterly drag from net exports on record dating back to 1947."
www.wsj.com/economy/us-g...

Trump says he has 'no intention' of firing Fed Chair Powell Powell, whom Trump appointed Fed chair during his first term as president, has flatly stated that the president cannot remove him under the law.

“”None whatsoever,” Trump said in the Oval Office when asked to clarify that he did not seek Powell’s removal. “Never did.””

www.cnbc.com/2025/04/22/t...

US Treasury secretary says trade war with China is not 'sustainable' U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two larg...

“‘I do say China is going to be a slog in terms of the negotiations,” Bessent said according to a transcript obtained by The Associated Press. “Neither side thinks the status quo is sustainable.’”

apnews.com/article/tari...

Trade talks ramp up in DC Delegations from South Korea, Thailand, and India are hoping to secure permanent reprieves before US President Donald Trump’s 90-day pause on his ‘Liberation Day’ tariffs expires.

Negotiations with Washington will ramp up this week as representatives of several Asian countries in particular aim to evade Trump’s trade war.

Dow Headed for Worst April Since 1932 as Investors Send ‘No Confidence’ Signal Few think administration’s negotiations with trade partners will yield results soon enough to ease the strain

“The DJIA shed almost 1,000 points on Monday and is headed for its worst April performance since 1932… The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.”

www.wsj.com/finance/inve...

Mapping the high tariff world How the trade war will reorder the global economy — not burn it down

“It is hard to imagine a scenario in which the US emerges as a net winner of these tariff wars even if it achieves some of its objectives…The drag from higher prices, lower efficiency and damage to its policymaking credibility will outweigh any benefits.”
on.ft.com/4lChBMm

‘“Japan has grave concern over the consistency" with regards to the latest U.S. automobile tariffs and the 2019 bilateral trade deal, Ishiba told parliament.”’

Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice President says U.S. tariffs on Chinese goods may be lower than previously touted

"I don't want them to go higher because at a certain point you make it where people don't buy," Trump told reporters…

…I may want to go to less because you know you want people to buy and, at a certain point, people aren't gonna buy."

asia.nikkei.com/Economy/Trad...

YouTube video by Yahoo Finance Treasury Secretary Scott Bessent talks tariffs, taxes, and concerns about an economic slowdown

Treasury Secretary Scott Bessent is one of the key individuals charged with carrying out President Trump's economic agenda….

youtu.be/FPdkZlU8UfM?...

YouTube video by Novara Media Harvard Economist: China Is Winning Trump’s Trade War | Keyu Jin

Interview with Chinese economist and associate professor of economics at the London School of Economics Keyu Jin about Trump's trade war and who has the upper hand:

youtu.be/ZtyU_DZWqMw?...

YouTube video by Bloomberg Podcasts Treasury Secretary Scott Bessent on Tariffs, Bonds and the Next Fed Chair

Treasury Secretary Scott Bessent on Tariffs, Bonds, and the Next Fed Chair….

youtu.be/qIbW02mJI7A?...

Trade Wars Are Easy to Lose Beijing has escalation dominance in the U.S.-Chinese tariff fight.

In a large-scale trade war with China, the U.S. economy will suffer more than the Chinese economy will, argues @adamposen.bsky.social. “The Trump administration may think it’s acting tough, but it’s in fact putting the U.S. economy at the mercy of Chinese escalation.”

Nvidia to Make AI Supercomputers Entirely in U.S. Nvidia said it would start producing AI supercomputers that will be manufactured entirely in the U.S.

“The company is working with Foxconn on a supercomputer plant in Houston.”

www.wsj.com/tech/nvidia-...

Scott Bessent, the Treasury secretary shaping Trump’s trade war The former hedge fund manager is being asked to lead negotiations with foreign governments amid America’s self-inflicted hit

“”We will end up in a place of great certainty over the next 90 days on tariffs,” he promised.”

on.ft.com/3G18cOn

YouTube video by Geopolitical Economy Report Tariffs are part of Trump's big plan to save US dollar dominance. Will it work?

Interesting detailed analysis expanding on Trump’s tariffs by @bennorton.com:

youtu.be/VnajhDMAWVA?...

Back to the ’80s? | Andrew Liu “When did we beat Japan at anything?” Trump railed in 2015. “They send their cars over by the millions, and what do we do? When was the last time you saw a Chevrolet in Tokyo? It doesn’t exist, folks....

Highly recommend this article. Really interesting history here:

www.nplusonemag.com/online-only/...

What is?

“Even before Trump, Japan already levied less than the 2.5% tariff on vehicle imports the U.S. charges. How much less? Nothing, in fact — Tokyo hasn’t imposed tariffs on car imports since 1978. The country indeed had barriers to clear in the past, but those haven’t existed for years….”

NEW 🧵

A quick thread of charts showing how Trump’s economic agenda is going so far:

1) US consumers are reacting very very negatively.

These are the worst ratings for any US government’s economic policy since records began.

Gary Marcus: OpenAI could be the next WeWork | Fox Business Video New York University professor emeritus Gary Marcus discusses the consequences of artificial intelligence and OpenAI's valuation on 'The Claman Countdown.'

@garymarcus.bsky.social back in November:

www.foxbusiness.com/video/636471...

“The conventional thinking was that AI companies needed expensive, leading-edge computer chips—such as those made by Nvidia—to train the best systems…

But DeepSeek didn’t have leading-edge chips—and its models appear to be roughly on par with top U.S. rivals on certain benchmarks…”

Did Mayor Karen Bass really cut the fire department budget? The answer gets tricky

The issue of fire department spending, boring and burdened with specifics in normal times, is now a critical issue in Los Angeles following the massive destruction wreaked by a wildfire in Pacific Palisades, which continues to burn. www.latimes.com/california/s...

School Shooters and the Gender Wars School shootings have begun to feel so common in America that a recent shooting that left three dead including the assailant at a private Christian school in Madison, Wisconsin on Monday seems to have...

@ashleyafrawley.bsky.social is I believe touching on something profound, insightful, and important here: www.compactmag.com/article/scho...

Really good episode, and really appreciate the recent Andrew Day and @connorechols.bsky.social @nonzeronews.bsky.social collaboration episodes.

“In recent interviews with potential nominees to lead bank regulatory agencies, Trump advisers and officials from his newfound Department of Government Efficiency have, for example, asked whether the president-elect could abolish the Federal Deposit Insurance Corp….”

“‘Health insurance, she writes, “is in some ways the original sin that catalyzed the evolution of today’s medical-industrial complex,” as coverage evolved from mechanisms to help people with lost incomes when they were hospitalized to the comprehensive plans we have today…’”

Alleged CEO Shooter Luigi Mangione Was Radicalized by Pain A journey through his online footprint and influences

A deep dive into the digital footprint of Luigi Mangione, a man radicalized by pain.

shatterzone.substack.com/p/alleged-ce...

Don’t Believe This Cryptic Video Purportedly Uploaded by Luigi Mangione A video went viral after an arrest in Brian Thompson’s killing. But a forensic review by The Intercept shows it’s a hoax.

In the frenzy of news coverage following Luigi Mangione’s arrest, the video went viral.

But a review of video forensics conducted by The Intercept proves the clip is a hoax.