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Friedberg Explains Trump's Tariffs: Take Them Seriously, But Expect Negotiations

April 05, 2025 / 00:57

This episode discusses tariffs, trade negotiations, and the strategies used by the current administration. Guests include Besson and Lutnik, who share insights on the implications of tariffs.

Besson explains the administration's firm stance on tariffs and how they aim to bring other countries into compliance. Lutnik adds that the administration's approach is intended to create leverage in trade negotiations.

The conversation highlights the perception of the administration's tactics, suggesting that they may need to appear aggressive to achieve their goals. This strategy is seen as a way to ensure that other countries take them seriously at the negotiating table.

Both guests emphasize the importance of this approach in securing trade deals and the potential for the administration to claim victories in negotiations.

TLDR

Guests discuss the administration's tariff strategy for trade negotiations.

Episode

0:57

00:00:00

for months they've been very declarative We are going to do tariffs Besson said it to us in our interview To use tariffs

00:00:07

we're needed to bring other countries into line Lutnik said it to us in our interview We say free and fair trade I

00:00:16

want to remind you there ain't no such thing And no one took them seriously and everyone thought they were bluffing And

00:00:21

they actually have to do it in order to get the negotiating leverage that they need to be able to negotiate trade deals

00:00:27

And they have to look a little crazy It looks like and I'm just trying to take a

00:00:30

read on this they're using this as a way to anchor for negotiations going forward

00:00:34

to make the case we are declaratively going to do whatever the heck we want to do here in this administration Now

00:00:40

everyone takes them seriously Now everyone shows up to the negotiating table and now they can actually

00:00:44

negotiate and then announce a series of win after win after win and say "We got this set of countries to capitulate

00:00:50

today by making the case that they're actually willing to go all the way to the wall on stuff." That's the only way

00:00:54

I can kind of rationalize this roll

Episode Highlights

Tariffs and Negotiations
Besson emphasizes the necessity of tariffs for negotiating leverage in trade deals.
“We are going to do tariffs, Besson said.”
@ 00m 02s
April 05, 2025
The Shift in Perception
Initially dismissed, the administration's approach is now taken seriously in negotiations.
“Now everyone takes them seriously.”
@ 00m 40s
April 05, 2025

Episode Quotes

There ain't no such thing as free and fair trade.
Friedberg Explains Trump's Tariffs: Take Them Seriously, But Expect Negotiations
We are declaratively going to do whatever the heck we want to do here.
Friedberg Explains Trump's Tariffs: Take Them Seriously, But Expect Negotiations

Key Moments

Negotiation Strategy00:02
Perception Shift00:40
Winning Negotiations00:46