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The Ben Shapiro Show

Ep. 2195 - BACK TO WINNING: Trump Negotiates Tariff Deal With UK

Thu, 8 May 2025

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President Trump announces a tariff deal with the UK; fans of Hamas take over Columbia University again; and Jerome Powell and the Fed don’t lower interest rates. Click here to join the member-exclusive portion of my show: https://bit.ly/3WDjgHE Ep.2195 - - - Facts Don’t Care About Your Feelings - - - DailyWire+: Join us at https://dailywire.com/subscribe and become a part of the rebellion against the ridiculous. Normal is back. And this time, we’re keeping it. The hit podcast, Morning Wire, is now on Video! Watch Now and subscribe to their YouTube channel: https://bit.ly/42SxDJC Get your Ben Shapiro merch here: https://bit.ly/3TAu2cw - - - Today's Sponsors: Good Ranchers - Visit https://goodranchers.com and subscribe to any box using code BEN to claim $40 off + free meat for life! LifeLock - Join now and save up to 40% your first year. Call 1 (800) LifeLock and use promo code BEN or go to https://LifeLock.com/BEN for 40% off. Terms apply. Grand Canyon University - Find your purpose at Grand Canyon University. Visit https://gcu.edu today. HIYA - Get your kids the full-body nourishment they need to grow. Receive 50% off your first order at https://hiyahealth.com/SHAPIRO - - - Socials: Follow on Twitter: https://bit.ly/3cXUn53 Follow on Instagram: https://bit.ly/3QtuibJ Follow on Facebook: https://bit.ly/3TTirqd Subscribe on YouTube: https://bit.ly/3RPyBiB - - - Privacy Policy: https://www.dailywire.com/privacy

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Transcription

Chapter 1: What major announcements did Trump make regarding tariffs and the UK?

0.269 - 16.496 Ben Shapiro

Alrighty, folks, tons to get to on today's show. President Trump announces a huge tariff deal with the UK and markets are responding. Fans of Hamas took over Columbia University again, and Jerome Powell makes a decision about interest rates first. Becoming a member of Daily Wire Plus isn't just a subscription, it's a statement.

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16.716 - 32.912 Ben Shapiro

It means you're joining millions of Americans who share your values, respect our history, and are committed to building a stronger future. Members get ad-free, uncensored access to our daily shows from the most trusted names in media, in-depth investigative journalism, entertainment that actually reflects the stuff you believe, movies, documentaries, series, reshaping the culture in real time.

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33.233 - 51.752 Ben Shapiro

Join right now. Head on over to dailywire.com slash subscribe. OK, so in a moment, I'm going to get to President Trump's economic policy and the markets are responding, of course, quite positively to a vast shift in the direction of the Trump economic policy. A directional change that I've been calling for since well before Liberation Day. I'm very happy about it as well.

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52.172 - 67.464 Ben Shapiro

The reason that's very important is because right now, the right Republicans have a lot of running room. And one of the reasons they have a lot of running room is because the Democrats continue to be insane. I don't just mean they're insane in terms of their policy preferences, although many of those policy preferences are quite crazy.

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67.845 - 89.755 Ben Shapiro

I mean, culturally speaking, the Democrats seem determined to do ridiculous things. People on the left in big cities continue to push ridiculous policies, imagery that is going to make them more unpopular, which gives Republicans a lot of running room. The latest sort of bizarre example, but it's symptomatic of a broader imagistic crisis inside the Democratic Party. comes courtesy of Times Square.

90.335 - 114.66 Ben Shapiro

So there is a brand new statue in Times Square that's 12 feet tall. It is titled Grounded in the Stars by an artist named Thomas J. Price. What is this 12 foot tall statue that is grounded in the stars? Well, it appears to be a slightly to moderately overweight black woman wearing jeans that are too tight for her, a t-shirt that she got at Walmart, and staring angrily at the cashier at CVS.

116.106 - 132.021 Ben Shapiro

That's what it is. There's nothing about this that is aspirational. There's nothing about this that is inspiring. This person is completely anonymous. We have no idea what makes her a hero or heroine. Apparently, just being kind of grumpy in front of a TSA agent is enough to make you one of the heroes of American society.

132.821 - 157.199 Ben Shapiro

The statue was meant to be a stark contrast to two other statues in Duffy Square of Father Francis Duffy and George M. Cohan. George M. Cohan's statue, of course, is a tribute to the founder of the Great White Way, Broadway, George M. Cohan. And Father Duffy was a Canadian-American soldier, a Catholic priest, and a military chaplain who served in the 69th Infantry Regiment.

157.94 - 186.083 Ben Shapiro

And he served on the Western Front in France during World War I. So Duffy Square is named for him. So these are actual kind of heroic and world-changing figures. And this is meant to be a contrast because this person is just a person who might need a dose of Ozempic and apparently is kind of frumpy and mad and uninspiring. According to... the website for this particular work.

Chapter 2: Why is the cultural climate giving Republicans an advantage?

917.617 - 934.427 Donald Trump

And so we appreciate that. And I'll be speaking with the president in a little while, a little bit later. And we appreciate that. But the deal is all now signed up and ratified. And we have access to a massive amount of very, very high-quality rare earth.

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935.683 - 952.235 Ben Shapiro

So what exactly is in the deal? Well, it is not a full-scale trade agreement because it takes a long time to actually negotiate a full-scale trade agreement. It really is sort of a framework. The framework is not as extensive as I would like it to be in terms of actual policy. It doesn't immediately lower all the tariff rates down to zero, which I think would be the best policy.

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953.355 - 972.16 Ben Shapiro

It lowers tariff rates on certain automotive goods, some steel products. It appears to leave a baseline 10% tariff rate. Again, I don't think this is the best possible trade policy, but directionally, and the reason the markets are responding is because what they are seeing is that President Trump, if the economy looks to be sinking, is going to adjust and reverse himself.

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972.94 - 990.506 Ben Shapiro

And you're seeing this across a wide variety of Trumpian policy. So for example, there are a bunch of articles that came out over the course of the last 72 hours all about how tariffs on Chinese goods were really harming young families because a lot of the products that are coming in and being tariffed are oriented toward kids and babies.

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991.406 - 1010.67 Ben Shapiro

As the Washington Post pointed out, virtually every car seat, stroller, bassinet, and changing table sold in the United States is made in China, making children's products industry among the most vulnerable to fast-rising costs and shortages. Well, again, if you look at the actual statistics, 98% of all car seats are made in China. 97% of all strollers are made in China.

1010.93 - 1030.034 Ben Shapiro

Beds, bassinets, play yards, changing tables, 94%. High chairs, 92%. So that's a problem for young families. So President Trump saw that headline and his first move was to say that he was going to try to make exceptions for that. He was in the Oval Office, and he was asked about exemptions. He said, I'll think about it. I don't know. I want to make it nice and simple.

1030.294 - 1049.883 Ben Shapiro

He said he doesn't want so many exemptions that it creates confusion, but he said that he would look into it. And Scott Besson, Treasury Secretary, was testifying before the House Financial Services Committee, and he was asked about it, and he said it's under consideration. So, again, the markets are looking for President Holt to punch holes through his own tariff regime.

1051.964 - 1068.534 Ben Shapiro

And President Trump is doing this repeatedly. So to take another example, there's been a lot of debate over export controls on things like Nvidia chips. So the idea is Nvidia chips are the most sophisticated chips that are out there. We have to prevent China from getting them because otherwise China will use them.

1068.994 - 1088.265 Ben Shapiro

But Nvidia is arguing that it doesn't matter, that China is going to find a way to get those chips anyway. that China is developing other ways of sort of brute forcing the chips. And that actually the best thing you can do is make China dependent on NVIDIA chips because NVIDIA is a unique company. Jensen Huang, who is the head of the company, has oriented NVIDIA.

Chapter 3: What controversy surrounds the new Times Square statue?

1622.368 - 1635.715 Ben Shapiro

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1701.454 - 1714.625 Ben Shapiro

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1714.645 - 1730.505 Ben Shapiro

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