The Truth About Tariffs - Liberation Day in America

Summary

Human Events Daily with Jack Posobiec: The Truth About Tariffs - Liberation Day in America

Release Date: April 2, 2025

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Introduction and Context

In the April 2, 2025 episode of Human Events Daily with Jack Posobiec, host Jack Posobiec delves into the pressing issue of tariffs and their profound impact on America's economy and societal fabric. The episode, titled "The Truth About Tariffs - Liberation Day in America," provides an in-depth analysis of President Trump's tariff policies, their repercussions on domestic manufacturing, and the overarching strategy to revive the American Dream.

Election Results and Political Landscape

The episode opens with a recap of recent political events. Spencer Morrison, a commentator and former Navy intelligence veteran, highlights significant election outcomes:

• Wisconsin Supreme Court Race: "Judge Susan Crawford has won the race for a seat on the state Supreme Court. And President Trump making a post following the results of Florida special elections saying, 'both Florida House seats have been won big by the Republican candidate'" (00:50).

• Voter ID Law in Wisconsin: Morrison notes the passage of Wisconsin's voter ID law, emphasizing its significance in maintaining the state constitution (01:06).

Posobiec underscores the urgency for greater patriotic engagement within the GOP, criticizing reliance on prominent figures like Trump and Elon Musk. He argues for a grassroots movement to counteract the entrenched influence of figures like George Soros, who have long invested in local elections to sway governance from the ground up.

Jack Posobiec (11:30): "Our base didn't show up and the Democrats ran their playbook better. So this is a wake up call for MAGA."

Economic Impact of Tariffs

A central theme of the episode is the introduction of reciprocal tariffs by President Trump, set to take effect immediately. Posobiec attributes the nation’s economic woes primarily to excessive government spending in Washington, D.C., rather than the tariffs themselves.

Spencer Morrison (01:38): "We have Liberation Day as you know, on April 2nd."

The discussion transitions to the broader implications of tariffs on globalization and offshoring. Morrison elaborates on how tariffs aim to reshore manufacturing jobs back to the United States, thereby reducing dependency on countries like China.

Globalization and Offshoring: A Critical Analysis

Posobiec and Morrison critique the globalization model that has led to significant offshoring of American manufacturing. They argue that outsourcing has hollowed out the middle and working classes, leading to economic instability and societal issues such as poor diet and declining marriage rates.

Jack Posobiec (10:00): "The wealth is totally consolidated at the top and the wealth at the bottom has shrunk. The middle class has fallen out in this country."

Morrison provides historical context, referencing the 1980s strategy where the U.S. empowered China to become the "factory of the world." This move, according to him, facilitated the rise of the Chinese Communist Party and undermined American economic stability.

Spencer Morrison (12:19): "The Chinese Communist Party was given an idea ... We'll provide you the IP and the foreign direct investment in order to become that factory."

Spencer Morrison’s Book: "Reshore"

A significant portion of the episode is dedicated to discussing Morrison’s book, "Reshore: How Tariffs Will Bring Our Jobs Home and Revive the American Dream." Morrison outlines his thesis that tariffs are essential for reversing the detrimental effects of globalization.

Spencer Morrison (13:03): "This book is all about how tariffs are going to reshore the factories from third world countries and revive the American Dream."

Morrison addresses common misconceptions about tariffs, particularly the belief that they automatically lead to higher consumer prices. He argues that in the long run, tariffs promote domestic production, which stabilizes or even reduces prices by creating a more balanced trade environment.

Spencer Morrison (15:50): "Tariffs are like the only avoidable tax that we have. You can't avoid income tax, you can't avoid property tax. You can avoid tariffs by buying American."

Economic Redistribution and National Prosperity

The discussion emphasizes how tariffs can lead to a significant retention of wealth within the United States. Morrison cites the staggering figure of $25 trillion sent abroad since 1974, positing that this capital could have been leveraged to bolster American industries and communities.

Spencer Morrison (14:09): "Since 1974, we've actually sent 25 trillion dollars abroad. All of that money should have been spent on American made products."

By reshoring manufacturing, tariffs are projected to create millions of jobs, lower housing costs, and reduce national debt, ultimately fostering a robust middle class and economic resilience.

Spencer Morrison (18:13): "Tariffs will create jobs, they'll lower the cost of assets like houses, and that's really going to prioritize the middle class."

Challenging Free Trade Myths

Morrison dismantles prevalent myths propagated by free traders and institutions like the U.S. Chamber of Commerce. He contends that tariffs do not inherently lead to long-term price hikes and instead shift the economic focus from consumption to production, thereby enhancing disposable income through increased employment.

Spencer Morrison (17:47): "The cost of living went down. The idea that tariffs are like an automatic sales tax and everything is simply not true."

He further explains that the persistent trade deficits have been financed by selling American assets and accruing national debt, which tariffs can help mitigate by fostering a more balanced and fair trading system.

Conclusion and Call to Action

Jack Posobiec wraps up the discussion by reiterating the critical need for the GOP to build a comprehensive, localized election machine to effectively counteract the long-term strategies employed by opponents like George Soros. He advocates for immediate action to embrace tariffs as a strategic tool to reclaim American prosperity and ensure economic sovereignty.

Jack Posobiec (20:00): "You have to protect yourself. And that starts with silent. Go silent today."

The episode concludes with a strong endorsement of Spencer Morrison’s book, "Reshore," highlighting its timely relevance and pivotal role in shaping the discourse around American economic revival through strategic tariff implementation.

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Notable Quotes with Timestamps

• Jack Posobiec (11:30): "Our base didn't show up and the Democrats ran their playbook better. So this is a wake up call for MAGA."

• Spencer Morrison (13:03): "This book is all about how tariffs are going to reshore the factories from third world countries and revive the American Dream."

• Spencer Morrison (15:50): "Tariffs are like the only avoidable tax that we have. You can't avoid income tax, you can't avoid property tax. You can avoid tariffs by buying American."

• Spencer Morrison (18:13): "Tariffs will create jobs, they'll lower the cost of assets like houses, and that's really going to prioritize the middle class."

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Final Thoughts

"The Truth About Tariffs - Liberation Day in America" serves as a compelling exploration of how strategic tariff policies can serve as a cornerstone for economic resurgence in the United States. Through insightful analysis and expert commentary, Jack Posobiec and Spencer Morrison advocate for a return to manufacturing prowess, economic self-sufficiency, and the revitalization of the American middle class. For listeners seeking a comprehensive understanding of the interplay between tariffs, globalization, and national prosperity, this episode offers invaluable perspectives and actionable strategies.

Transcript

[Jack Posobiec]

I want to take a second to remind you to sign up for the POSO Daily Brief. It is completely free. It'll be one email that's sent to you every day. You can stop the endless scrolling trying to find out what's going on in your world. We will have this delivered directly to you totally for free. Go to humanevents.com poso Sign up today. It's called the POSO Daily Brief. Read what I read for show prep. You will not regret it. Human Events.com poso Totally free the POSO Daily Brief. This is what happens when the fourth turning meets fifth generation warfare.

[Spencer Morrison]

A commentator, international social media sensation and former Navy intelligence veteran.

[Jack Posobiec]

This is Human Events with your host, Jack Posobec. Christ is liberal.

[Spencer Morrison]

Judge Susan Crawford has won the race for a seat on the state Supreme Court. And President Trump making a post following the results of Florida special elections saying, quote, both Florida House seats have been won big by the Republican candidate. Wisconsin's voter ID law is now part.

[Jack Posobiec]

Of the state constitution.

[Spencer Morrison]

This was locked up early tonight.

[Jack Posobiec]

All five of us on this set tonight can look you in the eye and say that if you committed any of those crimes, then you should be deported immediately. You should serve your sentence and go home. And yes, but they would let the bottom line, you're more concerned about the.

[Spencer Morrison]

One guy that was deported first of.

[Jack Posobiec]

All, than the millions of people that.

[Spencer Morrison]

Were led illegally that went on to.

[Jack Posobiec]

Wreak havoc in cities like mine.

[Spencer Morrison]

President Trump will be joined by Otto and Ste as well as top Republicans as he announces his reciprocal tariffs at the White House later today.

[Jack Posobiec]

And those tariffs are set to go into effect immediately. The real pain economically has been the massive inflation coming from bloated overspending here in Washington, D.C. that is the real pain that the American people have felt.

[Spencer Morrison]

The last four years of 132 different countries and 600,000 different products. US exporters pay higher tariffs on two.

[Jack Posobiec]

Thirds of those products. You see $4 trillion in investment already in President Trump's first two months. You see trading partners coming to the table wanting to renegotiate.

[Spencer Morrison]

We have Liberation Day, as you know, on April 2nd.

[Jack Posobiec]

Ladies and gentlemen, welcome aboard today's edition of Human Events daily. Today is April 2, 2025. Anno Domini, folks. Last night was a gut punch. Wisconsin Supreme Court race went blue and we lost a chance to shift the balance in a key battleground state. Now we got a few shots in Florida, predictably went our way. Voter ID in Wisconsin passed huge W. But in this house of cards, you need a Lot more than layups to prevent collapse. We need more patriots, more activation, more commitment to make this mandate a reality. This isn't about money. Elon Musk and his PACs poured over $20 million into this fight. Actually outspent Soros. And it wasn't enough. Our base didn't show up and the Democrats ran their playbook better. So this is a wake up call for maga. You can't rely on big names like Trump or Elon to carry us in every off cycle election. You need a machine that fights every single race down to the local level. Look at Soros. He's been playing the game for decades. Funding every tiny governance role from mayors to school boards, building systems that are hard to crack. Even local libraries like we talked about in Unhumans. As Autism Capital on X said today, we need to Soros max match that energy with a full time operation that lives and breathes local elections. Something the Republican ethos has always shied away from, but can't ignore anymore. Look, Soros wins because he's a shadow. He pulls the strings quietly. While we're out here making it all about personalities. The GOP still doesn't understand the Trump coalition. You need to engage working class voters, not talk down to them. We need to actually show who we are and that we are fighting for them. And this is the fatal mistake. I talked about this last night. The GOP did not engage the Maha movement. Make America Healthy Again had the momentum focusing on issues like nutrition and big money in health care. And they were left on the sidelines. MAHA could have brought in new voters. Especially with RFK jr's message about exposing corruption. The health agencies GOP didn't tap into that energy. We are playing catch up against a machine that has been Soros for years. And last night proved that you can't win by just showing up on election day. You got to vote early. You need to invest. You need the infrastructure. You need to build your own army. Starting now. Turning point action. Cliff Maloney. Early vote action. That is the way, ladies and gentlemen. We need two Soros Max. Be right back. Human Events Daily continues. Today is Liberation Day. Foreign truly means. Welcome to the second American Revolution. All right folks, we're back. Human events daily, Washington D.C. here want to also bring in the third hour of the Charlie Kirk show on the Salem Radio Network, folks. Silent's Faraday products block all incoming and outgoing signals so that your devices are invisible and safe from the outside world. From their backpacks, phone sleeves and even pants. Patented technology that is signal blocking Blocks wireless signals, giving you the peace of mind that your data doesn't end up in the wrong hand. So just place your device inside, close it, and that's it. You're safeguarded from unauthorized access. Between the government, big tech, corporate America and criminals, your privacy is compromised 24. 7. There's no other option. You have to protect yourself. And that starts with silent. Go silent [e-mail] poso to save 15% plus free shipping and qualifying orders. Stay ahead of what's coming and secure your privacy today. Check it out. SLNT guys, seriously, go over, take a moment. Today slnt.composo support these guys. They've been great sponsors of ours. They've been great partners. It's a good product. You're really going to like it. Helps us out, helps with the show. So when we're looking at today, what is today all about for President Trump? Tariff Day? Liberation Day. Israel supposedly just dropped all their tariffs on American goods. And we hear there's some rumors about China wanting to, or, excuse me, Canada wanting to drop theirs. China, of course not dropping anything. And their barriers to entry. Why did Israel have tariffs on America to begin with? Don't we give Israel, like a ton of money in military aid? Interesting questions, interesting questions. But when it really comes down to it, it's a great example. It's an example of how America has been taken for granted. The working class have been taken for granted so much in this country where the Gini coefficient has gone completely haywire. What's the Gini coefficient? That is the ratio of who has money, of wealth at the top to wealth at the bottom. Right now the wealth is totally consolidated at the top and the wealth at the bottom has shrunk. The middle class has fallen out in this country, working class has fallen out. And you go look at. So the idea of reconstructuring and reconfiguring the global economy, this has been something obviously that we've been talking about here on the program for a while. And this is President Trump's grand strategy. The foreign affairs are totally tied into this. Winding down in the war in Ukraine is tied into this. Bringing Russia on board with rapprochement with China vis a vis this, this new Sino Soviet split, the Sino Soviet 2.0 split that we've been talking about here. But when we're looking at tariffs, why do tariffs matter? Tariffs matter because the system of globalization was predicated on this idea that we could outsource and offshore all of our production, all of our manufacturing to places like China what does this do? This builds up the People's Republic of China, the Chinese Communist Party. Go back and listen to the China files. The very final episode is where we talked about the rise of globalization from the blood of the cobblestone streets, the cobblestones of Tiananmen Square, 1989, June 4th. And you can read Unhumans in that book. We talk about this as well. The Chinese Communist Party was given an idea, was given a deal, essentially from the first Bush administration. Scowcroft went over on the secret mission to say, all right, you're going to be the factory of the world, and we're going to provide you the IP and the foreign direct investment in order to become that factory. CCP said, no problem, we'll get the Lao Bajing to be these factory, you know, work slaves. Then you go out and what does it do? It hollows out the middle class in the United States, hollows out our towns, hollows out our cities, hollows out middle America. And yet people get addicted to the foreign baubles from China is what we talked about yesterday. So, yeah, you can have your big screen TV and you can have your little, your newest iPhone, newest Samsung. You know, as I know Samsung's are Korea. But this is my point. The point is you need to understand what's happening to the world around you, okay? They want you locked in this, like virtual chamber because they don't want you actually interacting with the real world. They don't care if it's flooded by fentanyl. They don't care if the opium dens of the modern age, of the 21st century have become your own home. They don't care about the deaths of despair that are running roughshod across middle America. Why? Because they look at you as a consumer. They look at you as just another economic zone, another economic market for there to ply their goods. And China loves it because they're making money every time they sell something. The US Companies love it. Silicon Valley loves it. Because you're just, you're just a wage slave. You're just a wage slave. They're extracting money from and splitting up with the Chinese communist leaders as well as leaders of the Chamber of Commerce and the leaders of Silicon Valley. That's the system we currently live under. The other option that President Trump is offering is to say, guys, what if, what if we actually make America wealthy again? So he says it all the time at the rallies. There was an entire day at the RNC in Milwaukee dedicated to this, but it's something. And we Talked about this with Rich Barris the other day, where I want people to understand better and I want the message to get out there better. Yes, that does mean you might pay a dollar or two extra for certain goods. But guess what? You're paying for that Made in America sticker on the bottom. You're paying for it to say Made in America again. And you're going to see that when things are made in America, guess what? The money stays here in our nation. The money stays in the community. We're going to invest in America by actually making the jobs good again, by making the manufacturing be strong again, by making all of this do well again. Is there going to be a little bit of pain? Is there going to be a little. Look, are we going to have to, you know, are we going to have to take our vitamins? Yeah, we are. We're gonna have to take our vitamins. We're gonna have to take our medicine because that's how it works. That's how you get off of an addiction is through withdrawal. You have to go through that process and that process is gonna come and you're gonna see a lot of people that are totally beholden to this system, totally and completely beholden to this system say, whoa, whoa, wait a minute. You know, we, you're, you're hurting the Chamber of Commerce. Won't someone please think of the poor, poor. Chamber of Commerce. Won't someone please think of, you know, the poor, poor, you know, the poor, poor folks that are sitting there. And so I wanted to bring on someone who's actually written an entire book about this. It's called. His name is Spencer Morrison. He's the author of How Tariffs Will Bring Our Jobs Home and Revive the American Dream. Spencer, do we have you?

[Spencer Morrison]

Hi, Jack. You have me? It's a pleasure to be here.

[Jack Posobiec]

Hey, that's great. So we got about two minutes till the break. So tell us just a little bit about the book and then we'll come back and get into it more.

[Spencer Morrison]

I'll give you the 32nd pitch here. So this book, we couldn't have planned a better timing for it. But what this book is, it's all about how tariffs are going to reshore the factories from third world countries. And it ties great into Liberation Day because a big part of the book is describing all of the non economic harms and consequences that have occurred due to offshoring. The biggest one being that we're totally dependent on China at this stage for, you know, critical components that impact our national security and our well being. Right. So we import our computer chips, we import steel, we import automobile parts, the whole shebang. So, I mean, liberation day couldn't come soon enough, Jack.

[Jack Posobiec]

No, that's exactly right. And so when we look at this, it's, I think people want to, you know, throw around and there's certainly, there's formulas, people could talk about it, but it really just comes down to this. The money stays in America. When we're not sending the money overseas, the money stays in America and it stays with the Americans. It really is as simple as that, isn't it?

[Spencer Morrison]

That's exactly it. You know, since 1974, we've actually sent 25 trillion dollars abroad. 25 trillion. All of that money should have been spent on American made products. I mean, imagine how rich this country would be if we had another 25 trillion bucks in the bank. It's crazy.

[Jack Posobiec]

Imagine what our cities would look like. Imagine what our towns would look like. Imagine what our families would look like. By the way, because family formation, of course, is tied to all of these things will be right back here. Human Events Daily. It's Liberation Day today.

[Spencer Morrison]

You know, they talk about influencers. These are influencers and they're friends of mine.

[Jack Posobiec]

Jack.

[Spencer Morrison]

Where's Jack? Jack. He's got a great job.

[Jack Posobiec]

All right, folks, we're back here on Human Events Daily. We're talking to the author of Re sure all about how tariffs will bring our jobs home, revive the American dream. His name is Spencer Morrison. You can go and get the book. I've got my copy. This is fantastic because what we're getting into, the manufacturing, how it ties to the healthy middle class, talking about how wealth exports hurt American prosperity, and talking of course about the cultural impacts, poor diet, fewer marriages, all of these things are downstream. But, but Spencer, talk to me a little bit about these myths regarding tariffs that really you get from these free traders, the U.S. chamber of Commerce and the rest.

[Spencer Morrison]

Well, I think one of the biggest myths that's trotted out time and time again is that prices are going to increase. And there's two things that I'd like to mention in relation to prices. Okay. The first thing is that prices are not going to increase, at least not in the long run. Anytime you have a big policy shift, there may be some economic dislocation, and that's okay, and that's expected. But just look back at 2016, when President Trump instituted tariffs in his first term. Did consumer prices increase? No. In fact, the cost of living went down. Right. So this idea that tariffs are like an automatic sales tax and everything is simply not true. The reality is that consumers, if they want to avoid the tariff, they can simply buy American. They don't pay any tax. I'll tell you what I wish most taxes, I wish all taxes were avoidable. Tariffs are like the only avoidable tax that we have. You can't avoid income tax, you can't avoid property tax. You can avoid tariffs. And it's a simple solution. All you have to do is buy American. Now, the second point here is that tariffs, they sort of shift the economy away from consumption into production. And this is a really good thing because most people, you know, work for a living, right? So if tariffs are creating millions of jobs by reshoring the factories, what we'll see is an increase in the available disposable income of people. Right? They always talk about, oh, these free trade goods, they're cheap goods. Well, the goods aren't so cheap when you don't have a job or when your wage is directly competing with somebody in China. Right. What we get is a race to the bottom. Tariffs are going to end that. They're going to make this trade, you know, that's asymmetrical right now. Tariffs will make it free and fair, and that's going to allow Americans to compete on solid ground.

[Jack Posobiec]

The idea that. And this is so big, but it's not about this idea of free trade is not even fair trade. What it is, it's balanced trade. We had Secretary Besson on earlier this week, and that's exact. Or, excuse me, one week ago. And that's exactly what we were talking about, the idea of balancing trade back, getting it to that point. So President Trump obviously is going to be given this huge press conference later today. What are some of the things you're going to be looking for there?

[Spencer Morrison]

I just want to go back to the issue of balanced trade. What people don't tell you is that we pay for all of the goods that we buy. We run a trade deficit. All that means is that we're not trading goods or services for the goods or services that we import. Right? But we're still paying for it because China is not giving us anything for free. So the question then, Jack, becomes, how do we pay for it? And we pay for it in two ways. We have to sell assets or we have to sell debt. Right. Since 1974, we've bought $25 trillion worth of goods, and we've paid for all of that by selling ownership in American companies. We've sold trillions of dollars of our real estate, which is Driving up housing prices and making it impossible for young people to get homes and to afford their rent. And then we've piled on all of this debt to our national debt, right? So you never get anything for free in the world, right? You got to pay for it. And what we've done is we've prioritized these so called cheap goods, but what we've done is we've driven up housing prices, we've driven up the cost of borrowing, we've bought, you know, we've taken on all of this debt. So the question then becomes inflation of what? If we're talking about inflation of consumer goods, it's like, okay, but if we're not, if we're not prioritizing the production of goods, all we're doing is we're driving up the costs of the things we used to pay them with, right? So you're going to get inflation no matter what. So I think really it's just a big smoke show that the economic globalists are putting on, right? When we look at this clearly, what we see is that tariffs are going to create jobs, they're going to lower the cost of assets like houses, and that's really going to prioritize the middle class. I know that didn't answer your question, but it has to be said.

[Jack Posobiec]

No, I think that absolutely answers the question. The book is Reshore. The author is Spencer Morrison. Spencer, we're going to have to have you back on, man, because I know that this is really going to be the topic going over the next couple of months, probably the next year. You couldn't have released the book at a better time. The book again, folks, is Reshore and the author is Spencer Morrison.