The Tariffs Are Hastening U.S. Decline
June 26, 2026
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8:50Now PlayingThe Tariffs Are Hastening U.S. Decline
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as posted by the channelThe U.S. is losing every war it has launched. We are not just talking about Iran, we are also talking about the tariff wars. The country that has suffered the most from this pointless war is the United States, and the damage could be permanent. Professor Richard Wolff of Democracy At Work joined Francesca to talk about how bad this trade war has gone for America.
Trump’s tariff war is one of the biggest self-owns ever. To the point where you have to wonder if it was intentional? We have completely alienated all our trade partners around the world, to the point where they have decided we aren’t worth their time. Soybean and beef farmers in the U.S. are going into financial ruin because no one wants to buy from us anymore. Is this the art of the deal, Donald?
China is also running circles around the U.S. in the EV market. American companies like Ford, GM, and Tesla are making mid EVs that are way too expensive. Meanwhile, Chinese companies like BYD are making higher quality cars, at a lower cost, and selling them at a price point that U.S. companies can’t touch. Trump literally added a 100% tariff on Chinese EVs to prevent us from getting access to these better cars. That is some loser behavior right there.
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