The MeidasTouch Podcast Trump Panics on Thursday AM as He Collapses It All
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Mar 13, 2025 This episode dives into Trump’s tumultuous Thursday, where panic strikes over proposed tariffs on EU wines and champagnes. The hosts dissect the growing consumer anxiety and economic turmoil tied to these threats. They challenge misleading claims about a thriving economy and explore shifting foreign policy dynamics, especially in the wake of the Russia-Ukraine conflict. Additionally, they scrutinize the U.S. military's potential role in Panama and reflect on Trump's checkered business history, showcasing his numerous financial failures.
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Trump's Tariff Trouble
- Donald Trump's threats of increased tariffs are causing market instability and further decline.
- His proposed 200% tariff on EU wines and champagne is economically unsound, especially given the lack of a US champagne industry.
Consumer Angst Rises
- Consumers at all income levels are reducing spending due to economic anxieties, impacting businesses like Walmart and Dollar General.
- People are cutting back on both essential and non-essential purchases due to worsening financial situations.
Boycott USA Trends
- The phrase "Boycott USA" is trending on Google, primarily in EU countries and Canada.
- This reflects growing international backlash against US policies, impacting tourism and trade.