Aug 11, 2025
Is Trump Using Tariffs To Help His Buddies?
President Trump is using his trade war to help certain donors and Trump-friendly businesses an upperhand.
- 8 minutes
Trump argued in part of a longer
social media post yesterday that if
the court strikes down his tariff policy,
it would be impossible
to ever recover or pay back
those massive sums of money and honor.
It would be 1929 all over again
a Great Depression, he wrote.
[00:00:18]
Would it be a Great depression for
the country, or depression for the CEOs
that President Donald Trump is trying
to do favors for through his honestly,
increasingly unhinged tariffs policy?
Because if you think the tariff policy
is about increasing manufacturing jobs
in the United States, keep in mind
that manufacturing jobs actually went down
[00:00:37]
in the last few jobs reports.
And it turns out, no, this tariffs policy
is just about essentially
getting corporations
and various companies to Greece.
Trump.
So he does exemptions
and all sorts of favors for them.
So let's get into the details here.
[00:00:53]
Because according to new reporting
from the Washington Post,
Trump is using tariffs as a tool
for more than what we previously knew.
He's launching trade wars
that will impact the whole country
to advance the interests of
individual companies, likely his donors.
[00:01:09]
So the internal negotiating document
obtained by The Washington Post
showed that U.S.
Officials used the threat of tariffs
to pressure other nations
to provide concessions for companies,
including Chevron
and, of course, Elon Musk's Starlink.
[00:01:26]
In Israel, U.S.
Officials wanted the government
not to proceed with any draft regulations
or potential plans to force Chevron to
sell its interests or status as operator
in one of its offshore natural gas fields.
[00:01:43]
And just for reference,
Chevron's annual gross profit for 2024
was just $78.87 billion.
It's funny, the one time they might stand
up to Israel is to back a corporate donor,
[00:01:59]
because it's a it's a donor clash.
Yeah.
And and the oil companies actually
give more than Israel does usually not
this cycle but in normal cycles.
That's why they actually get ten
times the bribes that Israel gets.
Israel normally gets 3.8 billion a year.
The oil companies get $35 billion
in subsidies every year.
[00:02:17]
They rob us every single year
to give them that money.
And then Trump added another
18 billion in oil subsidies.
And so they're super powerful.
So they can even out bribe the Israelis,
which is amazing.
No, I mean, it is amazing.
[00:02:33]
But also that example that I just gave you
kind of shows you
that the American government
is willing to play hardball with Israel.
Yeah.
As long as there's
other donor interests in mind.
So again, it has nothing to do
with religion or governments, etc.
It's just a matter
of pure corruption, right?
[00:02:49]
Whoever can bribe our politicians the most
gets everything they want,
all at our expense.
So in Lesotho, the poor African country
that Trump had threatened with 50%
tariffs, negotiators wanted the government
to finalize deals with multiple US firms.
[00:03:08]
Yeah.
Oh, is that where the dealmaking
is happening?
Not at the white House.
Apparently it's happening between
governments and US based companies.
So guys, look,
this has been around forever.
And there's two phenomena that are
connected to what's happening today.
One is all of our trade deals sucked.
Why do they suck?
[00:03:25]
Because they're not written
by people who are representing us.
We literally have
corporate lobbyists write the deals.
This we've documented it on tight when all
the trade deals were happening and showed
it to all the documents to you guys.
Okay.
And so the government hands it off
to the corporate lobbyists.
[00:03:42]
They write it.
Sometimes they'll forget their name,
their company's name on the documents.
They give it back
and are corrupt, useless politicians.
Then hand that in as if it's
representing the American people.
But it isn't.
It's representing those
international corporations.
They're not American companies.
[00:03:58]
Their shareholders
are from across the world.
Their executives
are from across the world.
So those foreign corporations,
there's international corporations control
our government through corruption, right.
So that's why our trade
deals are terrible.
And outsource all your jobs.
Second reason, second phenomenon
connected from the old days
[00:04:15]
is that's why we did coups.
Cuz.
So we did a coup against
the democratically elected government
of Iran back in 1953
because they chose to charge us, not us,
but American and British oil companies.
A slightly higher rate for oil
because it was the oil of Iran.
[00:04:33]
And they're like, well,
if you want to buy it from us,
you have to pay at market rates.
They're like market rates. Coup is ass.
And they did.
And that led to a disaster which
eventually led to the ayatollah and that
regime that we have now in Latin America.
The reason why some of the countries were
called banana republics is because we did
[00:04:50]
a coup on behalf of Dole Banana Company,
not on behalf of the American people.
We endangered the American people
by doing these coups all across the world
to help these international corporations,
because they run our government.
That's exactly right.
And by the way, this is a headline
from January of this year.
[00:05:09]
Chevron donating to president elect
Donald Trump's inaugural committee
spokesperson says.
I mean, this is this is
how politics works in America.
We have bribery baked
into our political system.
Now, I want to just give you
a few more examples.
For instance, let's go
to graphic for the negotiating document
[00:05:25]
showed that administration officials
plan to push several governments,
including Taiwan, India and Indonesia,
to increase their defense spending
or to buy more U.S.
Military hardware,
doing a nice little favor for the defense
contractors and weapons manufacturers
in America, of course.
[00:05:43]
And speaking of defense, the document also
made clear that the Trump administration
was using tariffs to further
national security goals as well.
They insisted, for instance, that South
Korea publicly support deploying U.S.
Troops to deter China and North Korea.
The U.S.
[00:06:00]
Also wanted Seoul in South Korea,
of course, to boost defense spending
to 3.8% of GDP, up from 2.6% last year,
and to increase its $1 billion plus
contribution to cover the annual costs
[00:06:18]
of basing the roughly 28,500
American troops in South Korea.
So those are two different things
that I want to split them.
Them covering the cost of us,
providing security for them.
That makes sense to me.
Okay. And I'm not unhappy about that.
[00:06:34]
I don't know why we have to pay
for all those bases across all the world.
I'm glad we protect a lot of people,
including South Korea,
but should they chip in for sure
forcing them to use our military
industrial complex and buy more weapons
even if they don't want more weapons?
[00:06:53]
That's just corruption.
And it's not about, you know,
threatening high tariffs to increase
manufacturing jobs in the United States.
That's the important takeaway
from this, right?
This is essentially a narrative
that was used to further serve
[00:07:09]
the interests of corporations.
That's it.
- I mean, that's what I'm seeing here.
- Yeah.
And look, what a lot of people don't
understand is this grassroots donors that
in American politics, they're generally
trying to fight this overwhelming tide.
They're almost all good people
trying to help.
[00:07:25]
Five bucks at a time, 200 bucks,
whatever they can afford, right?
There's some mid-level donors
that are good people
that are also fighting against this tide.
The rest of them are corporate PACs
with infinite money and
foreign governments with infinite money.
And so it's a tsunami.
[00:07:41]
And that's why our government
never represents us and never will
until we get money out of politics.
And that's why it just frustrates me so
much that the rest is just gobbledygook.
Like you're never going
to represent you on any of these.
On the trade deals,
on forcing other governments to use our
[00:07:57]
military industrial complex and our oil
companies, etc., on subservience to Israel
and whoever else funds our politicians.
You know, all of it is money in politics,
fight corruption us, fight corruption us.
[00:08:12]
That is a genuine group that's wolfpack
trying to get money out of politics.
They don't give a damn if you're
a Republican or a Democrat or independent.
Go help them
if you don't get money out of politics.
This is our government's
never going to work for us.
And the robbery is going to continue
for the rest of our lives.
[00:08:27]
Every time you ring the bell below,
an angel gets his wings.
Totally not true.
But it does keep you updated
on our live shows.
Now Playing (Clips)
Episode
Podcast