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Podcast: Sott Radio Network
Episode: NewsReal: What's Really Behind Trump's Tariffs-Trade War?
Description: Turns out, out-competing China is the reason for Trump's "return to 19th-century tariffs." But as we've been seeing, Trump "flinched" when the US bond market spiked, something he apparently didn't expect to happen. And so now, just a couple of weeks after the introduction of tariffs, the US government is "pausing" the tariffs - and even exempting from tariffs the bulk of key imports the US depends on from China. Still, American rhetoric about "beating China" is picking up steam, and sounding...