MeidasTouch host Ben Meiselas reports on world leaders from Canada, to the EU, to Australia, and elsewhere responding to Trump’s disastrous trade war against the entire world. iRestore: Reverse hair loss with @iRestorelaser Get $625 OFF with the code: MEIDAS at https://iRestoreLaser.com/MEIDAS #irestorepod Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
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world leaders are responding with anger resentment fear confusion at donald trump declaring liberation day and tariffing the entire world at rates higher than anybody expected donald trump self-inflicting a collapse of the united states economy by declaring liberation day in america The futures market last night crashing by a thousand points and more. I'll get to that in a moment.
Donald Trump listed every country that is being tariffed, which he's calling Liberation Day. When you actually look at the chart as well, as Oliver Cooper says, can someone please tell Donald Trump? that the only people in the British Indian Ocean Territory are the U.S. base at Diego Garcia. He's taxing an American military base.
Also, if you look at the chart of who Donald Trump is tariffing, he's tariffing the Heard and McDonald Islands. He's not making this up, declaring a trade war with penguins. Planned tariffs that were shared by the White House includes an island that's uninhabited other than penguins.
Now, James Surotsky and others have been going through the formula for how Donald Trump and his regime actually calculated this tariff scheme stunt, self-induced world economic collapse. And it's by lying and saying, oh, these were just reciprocal tariffs. They're not reciprocal. I mean, if you look at the tariff rate of, let's say, Europe versus the United States, it was like
Each country in Europe were tariffing each other 1%. So where was Donald Trump making up these numbers? As James Czerwicki said, it's important to understand that the tariff rates that foreign countries are supposedly charging us that Donald Trump is claiming exists are just made up numbers by Donald Trump. South Korea, with which we have a trade agreement, is not charging a 50% tariff on U.S.
exports, nor is the EU charging a 39% tariff. So then Sir Wiki and others figured out how the Trump regime actually calculated the tariffs and what they were going to be imposing on the rest of the world. He goes, just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates plus non-tariff barriers as they say they did.
Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us. So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. So you take $17.9 and $28 equals 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.
And then the White House actually confirmed that this is how they're doing it. Let's take a look at what the EU Commission President Ursula von der Leyen had to say about Donald Trump. And she talks about how disenchanted, disheartened, disgusted Europe is at the Trump regime. Play this clip.
And because of this collective experience of the last, well, almost 75 years, so many Europeans feel utterly disheartened by the announcement from the United States. Let me be clear. Europe did not start this confrontation. We think it is wrong. But my message to you today is that we have everything we need to protect our people and our prosperity. We have the largest single market in the world.
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