Podcast Summary: Human Events Daily with Jack Posobiec
Episode: No Tariffs on Gold: Unpacking President Trump's Economic Strategy
Release Date: August 12, 2025
Introduction
In the episode titled "No Tariffs on Gold: Unpacking President Trump's Economic Strategy," host Jack Posobiec delves into the latest developments in President Donald Trump's economic policies, particularly focusing on trade relations with China and the strategic emphasis on gold. Joined by guest Alex Carrion from Allegiance Gold and an unnamed co-host, the discussion unpacks the implications of recent executive orders, national security measures, and the broader impact on global markets.
Trade Relations: Tariffs on Chinese Products
Key Developments:
-
Executive Order on Tariffs: President Trump signed an executive order delaying state deep reciprocal tariffs on Chinese products for an additional 90 days. This pause aims to provide both nations time to negotiate a long-term trade deal.
-
Current Tariff Rates: The United States maintains a 30% tariff on Chinese goods, while China imposes a 10% levy on U.S. products.
Guest Insights: Alex Carrion highlights the strategic nature of Trump's moves, emphasizing that the delay is a calculated effort to gauge market reactions and apply pressure during negotiations.
Notable Quote:
Alex Carrion [01:16]: "The key thing about gold is it just absolutely loves Mr. Trump, the gold market. ... The nuances of Mr. Trump are nothing but good."
National Guard Deployment and Crime Crackdown in D.C.
Policy Announcement: President Trump declared a public safety emergency in Washington D.C., deploying hundreds of National Guard troops to address rising violent crimes, including a recent attempted carjacking involving a former DoGE employee.
Implications:
-
Federal Control: The deployment grants the President federal control over the D.C. Police Department for up to 30 days without congressional approval.
-
Future Actions: Trump hinted at extending similar measures to other cities like Chicago, signaling a broader crackdown on urban crime and a critique of existing bail policies.
Notable Quote:
Unnamed Co-host [01:50]: "...the president deploying the Guard and taking federal control over the D.C. police Department for up to 30 without congressional approval, citing violent crimes..."
President Trump's Economic Strategy: Focus on Gold
No Tariffs on Gold: A significant portion of the episode centers on Trump's decision to exclude gold from new tariffs, signaling its importance in his economic strategy.
Strategic Positioning:
-
Market Reaction: Carrion explains that Trump's exclusion of gold from tariffs is a deliberate move to stabilize and boost the gold market, which has shown positive trends under his administration.
-
Gold's Symbolism: Trump’s association with gold—evident in his properties and office decor—underscores its symbolic and economic significance.
Notable Quote:
Jack Posobic [02:59]: "...President Trump made public just yesterday with the truth social post... he talked about the fact that there will be no tariffs on gold... it's almost synonymous with gold itself."
Market Reactions to Trump's Policies
Gold Market Trends: Under Trump's policies, gold has experienced a notable increase, climbing to $3,500 per ounce before stabilizing. Carrion attributes this surge to strategic governmental support and the exclusion of gold from unfavorable tariffs.
Economic Indicators:
-
Gold Import Statistics: The U.S. has seen a substantial rise in gold imports from Switzerland, from $6.1 billion in 2023 to $39.2 billion in the first half of 2025.
-
Market Confidence: The decision to exclude gold from tariffs has reinforced investor confidence, positioning gold as a robust hedge against inflation and currency devaluation.
Notable Quote:
Alex Carrion [04:36]: "Gold is a strategic asset. ... To date the dollar is down about 10%. Gold is up 25%."
China's Position in the Global Gold Market
Shift in Gold Dynamics: China, leading the BRICS nations, is strategically maneuvering to reduce its dependency on U.S. Treasury bonds and increase its gold reserves. As the world's top gold producer, China seeks to control gold price discovery, challenging Western dominance.
Strategic Moves:
-
Import Patterns: China's gold imports have surged, paralleling its reduction in U.S. Treasury holdings.
-
Market Influence: By bolstering its presence in gold markets, China aims to shift pricing mechanisms from Western-dominated exchanges like COMEX to its own Shanghai exchange.
Notable Quote:
Alex Carrion [08:36]: "...their intention is not only do we want to control the product but we also want to be the players that set the price as opposed to depending on the US."
Conclusion
The episode underscores President Trump's multifaceted economic strategy, highlighting his focus on stabilizing trade relations with China while reinforcing the gold market's pivotal role. By excluding gold from tariffs and promoting its strategic importance, Trump aims to bolster economic resilience against global uncertainties. Simultaneously, the deployment of the National Guard in D.C. reflects a broader agenda to assert federal authority and address domestic challenges. Alex Carrion's insights provide a comprehensive understanding of these policies' implications, emphasizing the long-term benefits of gold as a strategic asset.
Additional Resources:
Listeners interested in exploring the precious metals market can visit Protect with Poso for offers and information on safeguarding their assets with gold and silver.
This summary captures the essential discussions and insights from the episode, providing a comprehensive overview for those who haven't listened to the full podcast.
