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Transcripts For CNN Fareed Zakaria GPS 20240707

systematically being replaced by other races. he s not alone. why are these demographic fears going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford and general motors also raise prices on thei

Transcripts For CNN Fareed Zakaria GPS 20240707

going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford and general motors also raise prices on their cars. the reverse logic applies as well. if you cut tariffs, that also has a broader effect.

Transcripts for CNN Fareed Zakaria GPS 20240604 14:04:00

iran nuclear deal, restoring some normalcy with america s relationship with cuba. instead almost a year and a half into the biden administration, on issue after issue, we are still living in donald trump s world. biden might have paid a small political price initially had he done what i suggested, but that would have been short-lived and he would have reaped the gains of his most sensible policies for the rest of his term. the democratic party have learned the wrong lessons from the victory in 2016. they believe the only way to woo voters is engage in a trump-like policies, chiefly protectionism and cancelism. but trump voters are motivated largely by culture issues. just listen to republican governor ron desantis or ohio senate or pennsylvania candidate mehmet oz rail about cancel culture, gender identity, woke

Transcripts for CNN Fareed Zakaria GPS 20240604 17:01:00

going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford

Transcripts for CNN Fareed Zakaria GPS 20240604 14:03:00

executive action, which, of course, have severe worker shortages in industries like farming, manufacturing and health care. but no one really disputes the validities of these campaigns. during the campaign biden lambasted trump s tariffs on china and much of his immigration policy. yet after entering office, the biden white house has behaved on these issues like a deer caught in the headlights, paralyzed from fear that any major shift might get attacked by republicans. this defensive crouch is not just visible in economic policy but foreign policy as well. biden campaigned on the notion that trump had been a dangerous aberration in america palestinians, that his policies had been far outside the mainstream and that biden would return the country to normalcy. imagine if biden had in his first week in office changed a slew of trump policies ending the tariff wars, re-entering the

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