Latest / The Ron Edwards American Experience V2 / The_Edwards_Notebook-Tariffs_Are_Great061025
Transcript
- 0:01Speaker 1: Those who fight against President Trump's tariffs are either ignorant or,
- 0:06Speaker 1: like many others, seek to derail the president and undermine
- 0:09Speaker 1: our republic. L I'm Ron Edwards on today's page from
- 0:14Speaker 1: the Evers Notebook, brought to you by rit Brand's premium
- 0:16Speaker 1: products for your Body and Soul. Recently, the US trade
- 0:20Speaker 1: deficit in goods and services narrowed sharply, falling to sixty
- 0:24Speaker 1: one point six billion dollars in April, down from one
- 0:27Speaker 1: hundred and thirty eight point three billion in March. That
- 0:30Speaker 1: was the largest monthly improvement on record due to a
- 0:33Speaker 1: steep drop in imports and continued strength in US exports.
- 0:37Speaker 1: The sixteen point three percent decline in imports, the biggest
- 0:40Speaker 1: on record, coincided with the introduction of new US tear
- 0:44Speaker 1: schedules and followed a month of accelerated purchasing by companies
- 0:49Speaker 1: anticipating higher duties. Analysts noticed that much of the shift
- 0:54Speaker 1: reflected a hangover after months of elevated imports, as businesses
- 0:59Speaker 1: rushed to break in goods before Trump instituted reciprocal tariffs.
- 1:03Speaker 1: At the same time, US exports increased by three percent.
- 1:06Speaker 1: The rise in US exports suggest that fears of foreign
- 1:10Speaker 1: retaliation against rightful US tariffs may have been overstated. Thank you,
- 1:15Speaker 1: President Trump for seeking to even the trade playing field.
- 1:19Speaker 1: I'm run As. Follow me on social media at x
- 1:26Speaker 1: Ron Edwards Underscore Show