Trump's Tariff Gamble EXPLAINED with Chamath

Andrew Schulz's Flagrant with Akaash Singh

YERRR BONUS EP - the guys needed to get a breakdown of what was going on in the financial world so they brought in Chamath Palihapitiya from the All-In Podcast to explain to us what's going on with the tariffs, the economy, Trump and much much more. INDULGE

00:00 Rant!

00:43 What are the tariffs?

5:32 Other countries use of tariffs

9:39 The United States is the truly global leader

14:09 Reliance on others + Tariff helping self-sufficiency

16:55 Was the formula haphazard?

18:28 What is a trade deficit?

21:26 Using other countries as loopholes

23:54 Can China step in and exploit? Trading NATO

29:33 Job creation through tariffs?

34:23 Being world's consumer + Political Cronyism

39:29 Understanding America's debt

49:36 Trump is truly MAGA + Tariff shocked the market

53:08 Stock Market slumping's impact + What is inflation?

1:01:21 America needs growth + Elon's record

1:06:18 What is the downside to tariffs? Trump willing to talk

1:13:58 Being prepared this time around

1:16:58 How Chamath uses his capital

1:20:12 Chamath doesn't own public stocks + Recession incoming?

1:23:36 Are Recessions Republican led?

1:25:44 Views on the outcome? Waiting this out

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